Appraisals for Estate Settlement by Sax & Associates, Inc.
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 departed as quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
We've made it our company's goal in producing excellent appraisals that attorneys and accountants have come to depend on. We understand their needs and are used to helping with all parties involved. Among our staff, we are accustomed to working with legal agencies in supplying appraisals that exceed their needs.
Contact us promptly to discuss your specific estate appraisal specifications and how we can put our experience to work for you.
Usually, settling an estate requires an irrefutable appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there are times that the effective date of an appraisal report deviates from the time of death. We are comfortable with the systems and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the highest degree of discretion for all parties involved.
People often forget that the IRS requires documents filed to explain the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and substantiated.
An executor will be satisfied by an appraisal by Sax & Associates, Inc. which will provide him solid facts and figures to cooperate with the IRS and OR state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.