Property Valuations for Estate Settlement by Launer & Associates
The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are used to working with all parties involved. Among our staff, we are used to interacting with law offices in composing appraisal reports that transcend their needs.
Contact us today to discuss your personal estate appraisal demands and how we can put our business acumen to work for you.
Commonly, settling an estate requires an detailed appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We sympathize that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is requested. Launer & Associates assures that our appraisers are comfortable with the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the highest degree of privacy for you and your family.
Often, people do not fully acknowledge the requirement to have a full appraisal report produced in support of the numbers being used in general documents filed with the IRS and CA state agencies.
Opinions of value displayed in documents provided to the the IRS and CA state agencies absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the CA agencies that the numbers used are accurate and substantiated.
An executor will be over-joyed by an appraisal report by Launer & Associates which will show him undeniable facts and figures to deal with any legal agency's requirements. You need not stress over anything, because Launer & Associates will be there to support our reports if they are ever challenged.
One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.