Willamette Valley Appraisal Professionals understands the special needs of estate executors
Estate settlement is often stressful, but a very important job. 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 compassion to the feelings of everyone in bereavement.
Part of Willamette Valley Appraisal Professionals's focus is to create top-notch, ethical appraisals that lawyers can rely on. We understand their needs and are accustomed to working with all parties involved. We construct appraisal reports that meet the necessities of the courts and assorted agencies.
Contact us promptly to discuss your personal estate appraisal demands and how we can put our experience to work for you.
Settling an estate commonly requires an appraisal to establish fair market value for the house involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the time the appraisal is required. Willamette Valley Appraisal Professionals assures that our appraisers are comfortable with the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the strongest degree of discretion for you and your loved ones.
Often, people do not fully realize the requirement to have an intricate appraisal report prepared in support of the numbers being used in tax documents filed with revenue authorities.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the OR agencies that the numbers used are well-founded and substantiated.
Having a professional appraisal report from Willamette Valley Appraisal Professionals gives the executor solid facts and figures to work with in meeting IRS and OR state agency requirements. You need not be concerned over anything, because we will be there to support our reports if they are ever refuted.
Opinions of value shown in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions.