Willamette Valley Appraisal Professionals understands the special needs of estate executors
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly 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 mission statement is to supply top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we understand these requirements and are familiar to dealing with all parties involved. Among our staff, we are accustomed to dealing with the courts in providing appraisals that exceed their demands.
Contact us today to discuss your personal estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate usually requires an appraisal to determine fair market value for the property involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal differs from the date of your loss. Our staff is comfortable with the systems and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, guaranteeing the highest degree of discretion for you and your family.
Many people do not understand that the IRS needs documents filed to support the numbers involved in estate sales.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the OR agencies that the numbers used are accurate and substantiated.
Having a professional appraisal report from Willamette Valley Appraisal Professionals gives the executor undeniable facts and figures to work with in exceeding IRS and OR state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.
Opinions of value used in documents filed with the the IRS and OR state agencies absolutely should be backed by a detailed report as to how the appraiser came to his conclusions.