Central Arizona Appraisers knows the special needs of estate executors
The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
Lawyers and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We are sympathetic to their needs and are accustomed to dealing with all parties involved. Among our staff, we are used to interacting with law offices in supplying reports that out-strip their needs.
Contact us promptly to discuss your explicit estate appraisal essentials and how we can put our experience to work for you.
Generally, settling an estate requires an extensive appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We know that in this time of loss, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal differs from the time of death. Central Arizona Appraisers assures that we are comfortable with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, ensuring the strongest degree of discretion for you and your family.
Most people don't realize that the IRS requires information filed to show the numbers involved in estate sales.
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. In having a report backed by Central Arizona Appraisers's expert staff, you will have the knowledge that the numbers displayed in the appraisal will clearly demonstrate to the IRS that the numbers used are well founded and correct.
An executor will be satisfied by an appraisal by Central Arizona Appraisers which will give him undeniable facts and figures to work with any legal agency's requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions.