Appraisals for Estate Settlement by Kathleen Westoby Berengue, CRA
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
We've made a name for ourselves in supplying top-notch appraisals that attorneys and accountants have come to depend on. We are sympathetic to their needs and are accustomed to dealing with all parties involved. Among our staff, we are accustomed to dealing with legal agencies in supplying appraisal reports that out-strip their needs.
Contact us promptly to discuss your unique estate appraisal specifications and how we can put our experience to work for you.
Settling an estate generally depends on an appraisal to determine fair market value for the house in question. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the time the appraisal is requested. Our professional staff is accustomed to the procedures and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the highest degree of privacy for you.
All too often, people do not fully realize the demand to have a full appraisal report prepared in support of the numbers being used in tax documents filed with revenue authorities.
Opinions of value used in documents filed with the the IRS and CA state agencies absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions. In having a report backed by Kathleen Westoby Berengue, CRA's expert appraisers, you will have the knowledge that the numbers shown in the report will clearly demonstrate to the authorities that the numbers used are well founded and correct.
Kathleen Westoby Berengue, CRA ensures an substantiated report, which will give an executor accurate facts and numbers that will exceed IRS and state agency requirements. There's no need to have anything but peace of mind when getting a report from Kathleen Westoby Berengue, CRA, because we will back it no matter what.
One of the most important requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.