Appraisals for Estate Settlement by Phoenix Valuations, LLC
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
We've made it our company's goal in producing the best appraisals that lawyers and accountants have come to rely on. Often, everyone involved will have their own requirements of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. In relation to our familiarity in working with the legal system and various agencies, we create reports that definitely exceed all expectations.
Contact us promptly to discuss your specialized estate appraisal essentials and how we can put our business acumen to work for you.
Commonly, settling an estate requires an irrefutable appraisal report to show fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there are times that the effective date of an appraisal differs from the time of death. Our company is knowledgeable about the procedures and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the highest degree of discretion for all parties involved.
Most people don't realize that the IRS requires documents filed to show the numbers involved in estate sales.
One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. In having a report supported by Phoenix Valuations, LLC's expert staff, you will have the knowledge that the numbers displayed in the appraisal report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal report from Phoenix Valuations, LLC gives the executor undeniable facts and figures to work with in going beyond IRS and AZ state agency requirements. You need not be concerned over anything, because Phoenix Valuations, LLC will be there to support our appraisals if they are ever refuted.
Opinions of value shown in documents provided to the the IRS and AZ state agencies absolutely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions.