Property Valuations for Estate Settlement by Piscitelli Appraisal Service
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.
Part of Piscitelli Appraisal Service's mission statement is to supply top-notch, ethical appraisals that attorneys can depend on. Sometimes, everyone involved will have differing ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Due to our experience in dealing with the legal system and other agencies, we produce reports that always meet all expectations.
Contact us as soon as possible to discuss your explicit estate appraisal demands and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an accurate appraisal report to show fair market value for the house to the satisfaction of the parties involved. We understand that in this time of loss, ordering an appraisal is the furthest thought from your mind. Of course, you have to take care of your family first. Piscitelli Appraisal Service assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and CA revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, ensuring the highest degree of discretion for you and your family.
Many people do not understand that the IRS requires information filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
An executor will be satisfied by an appraisal report by Piscitelli Appraisal Service which will show him solid facts and figures to cooperate with any legal agency's requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.
Opinions of value shown in documents filed with the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions.