Appraisals for Estate Settlement by M. Peterson Appraisal

The responsibility 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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

Attorneys and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We comprehend their needs and are acclimated to helping with all parties involved. In our company, we are used to working with law offices in writing reports that exceed their demands.

Contact us as soon as possible to discuss your explicit estate appraisal essentials and how we can put our knowledge to work for you.

Commonly, settling an estate necessitates an irrefutable appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is requested. We are accustomed to the systems and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the strongest degree of privacy for you and your family.

The requirement of owning an appraisal report when working with the IRS to explain income when filing documents is often not considered by most people.

One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report supported by M. Peterson Appraisal's professional appraisers, you will have the knowledge that the numbers provided in the report will clearly demonstrate to the authorities that the numbers used are accurate and correct.

Having a professional appraisal report from M. Peterson Appraisal gives the executor irrefutable facts and figures to work with in meeting IRS and WA state agency requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever challenged.

Opinions of value used in documents filed with the the IRS and WA state agencies definitely should be supported by an accurate report as to how the appraiser came to his conclusions.