Property Valuations for Estate Settlement by Willamette Valley Appraisal Professionals
Settling an estate is often stressful, but a very important job. 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 sensitivity to the feelings of everyone left behind.
Part of Willamette Valley Appraisal Professionals's company goal is to create top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we understand these needs and are comfortable to working with all parties involved. Among our staff, we are used to dealing with legal agencies in supplying reports that surpass their requirements.
Contact us as soon as possible to discuss your precise estate appraisal needs and how we can put our experience to work for you.
Generally, settling an estate necessitates an clear appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is needed will not match the date of death. Willamette Valley Appraisal Professionals assures that our staff are comfortable with the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the strongest degree of discretion for all parties involved.
The requirement of having an appraisal when cooperating with government agencies to prove income when filing documents is often not considered by most people.
One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Willamette Valley Appraisal Professionals ensures an substantiated appraisal, which will provide an executor definite facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.
One of the most essential requirements in a report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.