Phoenix Valuations, LLC knows the special needs of estate executors
The 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 promptly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we realize these needs and are acclimated to working with all parties involved. Due to our familiarity in working with the legal system and other agencies, we compose appraisal reports that always exceed all expectations.
Contact us as soon as possible to discuss your individual estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate generally depends on an appraisal to establish fair market value for the property in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the time the appraisal is needed. Phoenix Valuations, LLC assures that we are comfortable with the procedures and requirements needed by the IRS and AZ revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of discretion for all parties involved.
The importance of owning a real estate appraisal when dealing with revenue services to prove income when filing documents is often overlooked by most people.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions. This sort of report will clearly demonstrate your claim that the numbers provided within the report are well-founded and accurate.
Having a professional appraisal from Phoenix Valuations, LLC gives the executor irrefutable facts and figures to work with in exceeding IRS and AZ state agency requirements. There's no need to be concerned when getting a report from us, because we will back it no matter what.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.