Appraisals for Estate Settlement by Osborne Bay Area Appraisals, Inc.The task of settling an estate, often a source of stress, is not to be taken lightly. As a trustee, you've been given the power to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on Osborne Bay Area Appraisals, Inc. to act quickly and with as much understanding to the feelings of everyone in bereavement.
Part of Osborne Bay Area Appraisals, Inc.'s company goal is to produce top-notch, ethical appraisals that attorneys can depend on. There are specific needs for everyone; we realize these necessities and are familiar with working with all parties involved. We furnish appraisal reports that outdo the necessities of the legal system and different agencies.
Settling an estate most often depends on an appraisal to ascertain market value for the house involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, there's a chance the date an appraisal is requested will be different from the date of death. We are accustomed to the practices and requirements obligatory to produce a retrospective appraisal with an effective date and market value estimate matching the date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the highest degree of privacy for you.
Most people don't realize that the IRS needs information filed to explain the numbers involved in estate sales.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. This sort of report will definitely show your claim that the values within the report are well-founded and accurate.
Osborne Bay Area Appraisals, Inc. will provide a well-founded report, which will give an executor solid facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.