Appraisals for Estate Settlement by Phoenix Valuations, LLC
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Lawyers and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, the parties involved will have their own expectations of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We assemble appraisal reports that surpass the requirements of the courts and various agencies.
Contact us as soon as possible to discuss your unique estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate commonly demands an appraisal to ascertain fair market value for the house involved. We empathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal report is needed will deviate the date of death. Our professional staff is accustomed to the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the highest degree of privacy for you.
Many people do not understand that the IRS requires documents filed to show the numbers involved in estate sales.
An exhaustive 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 AZ agencies that the numbers used are accurate and correct.
Having a professional report from Phoenix Valuations, LLC gives the executor solid facts and figures to work with in exceeding IRS and AZ state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.