![]() Appraisals for Estate Settlement by Collins Appraisal Service, LLCEstate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement. Attorneys and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we understand these needs and are used to to working with all parties involved. Among our staff, we are used to interacting with the courts in supplying reports that meet their necessities. Contact us immediately to discuss your specialized estate appraisal requirements and how we can put our business acumen to work for you. Generally, settling an estate necessitates an clear appraisal report to show fair market value for the property to the satisfaction of the parties involved. We empathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal is ordered will deviate the date of death. Collins Appraisal Service, LLC assures that we are familiar with the procedures and requirements needed by the IRS and WA revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, certifying the strongest degree of discretion for you and your loved ones. The necessity of owning an appraisal report when working with government agencies to show income when filing documents is often unknown by most people. Opinions of value displayed in documents filed with the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and correct. An executor will be over-joyed by an appraisal by Collins Appraisal Service, LLC which will provide him solid facts and numbers to work with the IRS and WA state agencies' requirements. You need not stress over anything, because Collins Appraisal Service, LLC will be there to stand by our work if they are ever refuted. One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. |