Compass Appraisal Management knows the special needs of estate executors
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Part of Compass Appraisal Management's company goal is to offer top-notch, ethical appraisals that lawyers can rely on. Generally, the parties involved will have differing suggestions of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We compose appraisal reports that out-strip the obligations of the courts and other agencies.
Contact us today to discuss your specific estate appraisal requirements and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an extensive appraisal report to establish fair market value for the home to the satisfaction of the parties involved. We know that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Of course, you need to take care of your loved ones first. Compass Appraisal Management assures that our appraisers are accustomed to 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 your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the fullest degree of privacy for you and your family.
Often, people do not fully understand the importance in having a comprehensive appraisal report produced in support of the numbers being used in general documents filed with revenue authorities.
Opinions of value shown in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the CA agencies that the numbers used are accurate and substantiated.
An executor will be ecstatic by an appraisal by Compass Appraisal Management which will give him solid facts and figures to cooperate with revenue agencies' requirements. You need not be concerned over anything, because we will be there to support our reports if they are ever refuted.
Opinions of value used in documents provided to the the IRS and CA state agencies definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.