Property Valuations for Estate Settlement by Peterson Appraisal Group

Estate 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 respect to the feelings of everyone involved.

Part of Peterson Appraisal Group's focus is to supply top-notch, ethical appraisals that lawyers can depend on. Generally, everyone involved will have differing expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Due to our experience in dealing with the courts and different agencies, we provide reports that always outdo all expectations.

Contact us immediately to discuss your precise estate appraisal demands and how we can put our experience to work for you.

Settling an estate generally demands an appraisal to ascertain fair market value for the home therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal report is requested will be different from the date of death. Peterson Appraisal Group assures that our staff are knowledgeable about the procedures and requirements requested by the IRS and CA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the fullest degree of discretion for you.

Most people don't realize that the IRS requires information filed to express the numbers involved in estate sales.

Opinions of value shown in documents filed with the the IRS and CA state agencies absolutely should be supported by an exhaustive report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the CA agencies that the numbers used are well-founded and correct.

An executor will be ecstatic by a report by Peterson Appraisal Group which will give him irrefutable facts and numbers to deal with any legal agency's requirements. You need not stress over anything, because we will be there to back up our reports if they are ever refuted.

One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.