Property Valuations for Estate Settlement by Phoenix Valuations, LLC
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
We've made a name for ourselves in supplying excellent appraisals that attorneys and accountants have come to rely on. We realize their needs and are accustomed to working with all parties involved. Because of our familiarity in working with attorneys and accountants and other agencies, we provide appraisals that definitely meet all expectations.
Contact us as soon as possible to discuss your exact estate appraisal essentials and how we can put our knowledge to work for you.
Generally, settling an estate requires an clear appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is ordered. Phoenix Valuations, LLC assures that we are accustomed to the procedures and requirements requested by revenue services to supply 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the strongest degree of discretion for you.
The importance of having an appraisal report when cooperating with government agencies to prove income when filing documents is often overlooked by most people.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. In having a report supported by Phoenix Valuations, LLC's expert appraisers, you will have the peace of mind that the numbers provided in the report will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.
Having a professional report from Phoenix Valuations, LLC gives the executor irrefutable facts and figures to work with in exceeding IRS and AZ state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions.