Central Arizona Appraisers knows the special needs of estate executors
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 deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Lawyers and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, all parties will have their own expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In relation to our experience in dealing with attorneys and accountants and different agencies, we create reports that definitely transcend all expectations.
Contact us promptly to discuss your personal estate appraisal specifications and how we can put our business acumen to work for you.
Settling an estate commonly demands an appraisal to acquire fair market value for the residential property therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal report deviates from the date of your loss. Central Arizona Appraisers assures that our staff are familiar with the procedures and requirements requested by the IRS and AZ revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the highest degree of privacy for you.
Many times, people do not fully comprehend the demand to have an exhaustive real estate appraisal prepared in support of the numbers shown in tax documents filed with the IRS and AZ state agencies.
One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the AZ agencies that the numbers used are well-founded and correct.
An executor will be satisfied by a report by Central Arizona Appraisers which will provide him undeniable facts and numbers to cooperate with the IRS and AZ state agencies' requirements. You need not be concerned over anything, because Central Arizona Appraisers will be there to stand by our work if they are ever challenged.
An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.