Willamette Valley Appraisal Professionals understands the special needs of estate executors
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Part of Willamette Valley Appraisal Professionals's focus is to supply top-notch, ethical appraisals that attorneys can rely on. We understand their needs and are used to working with all parties involved. Because of our experience in working with the courts and other agencies, we write reports that always transcend all expectations.
Contact us today to discuss your specialized estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate most often depends on an appraisal to establish fair market value for the residential property in question. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal is requested will be different from the date of death. We are accustomed to the systems and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.
The requirement of having an appraisal report when dealing with the IRS to prove income when filing documents is often unknown by most people.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional appraisal from Willamette Valley Appraisal Professionals gives the executor definite facts and figures to work with in exceeding IRS and OR state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.
Opinions of value used in documents provided to the the IRS and OR state agencies absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions.