![]() Johnson Appraisal understands the special needs of estate executorsThe job 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 deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement. Attorneys and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We are sympathetic to their needs and are accustomed to working with all parties involved. We offer appraisal reports that meet the needs of the legal system and other agencies. Contact us promptly to discuss your explicit estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate commonly demands an appraisal to ascertain fair market value for the house therein. We empathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is ordered. Johnson Appraisal assures that our staff are accustomed to the procedures and requirements needed by the IRS and CA revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the strongest degree of privacy for you and your family. Many people do not understand that the IRS needs reports filed to explain the numbers involved in estate sales. One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will clearly demonstrate the evidence that the numbers provided within the report are well-founded and accurate. An executor will be satisfied by an appraisal report by Johnson Appraisal which will give him irrefutable facts and numbers to cooperate with revenue agencies' requirements. You need not be concerned over anything, because Johnson Appraisal will be there to back up our work if they are ever challenged. Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions. |