![]() Appraisals for Estate Settlement by John Blair AppraisalThe job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. We've made it our company's goal in providing excellent appraisals that lawyers and accountants have come to rely on. Usually, the parties involved will have different suggestions of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Because of our familiarity in dealing with the courts and various agencies, we furnish reports that always exceed all expectations. Contact us promptly to discuss your individual estate appraisal requirements and how we can put our business acumen to work for you. Usually, settling an estate necessitates an accurate appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We sympathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal differs from the time of death. John Blair Appraisal assures that our appraisers are familiar with the procedures and requirements needed by the IRS and CA revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the strongest degree of discretion for you and your family. Many people do not understand that the IRS requires reports filed to support the numbers involved in estate sales. An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the CA agencies that the numbers used are well-founded and correct. John Blair Appraisal ensures an accurate report, which will give an executor solid facts and figures that will meet IRS and revenue agency requirements. You need not worry over anything, because John Blair Appraisal will be there to stand by our appraisals if they are ever refuted. One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. |