Property Valuations for Estate Settlement by Summit Appraisal

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 with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.

Lawyers and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, everyone involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. In relation to our familiarity in dealing with the legal system and other agencies, we provide appraisals that always meet all expectations.

Settling an estate most often requires an appraisal to acquire fair market value for the home affected. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you need to be there for your family first. We are knowledgeable about the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the strongest degree of discretion for you and your family.

People often forget that the IRS requires information filed to express the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. A report of this caliber will certainly substantiate the evidence that the numbers within within the report are well-founded and accurate.

An executor will be ecstatic by an appraisal by Summit Appraisal which will give him undeniable facts and figures to deal with the IRS and WA state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.

An exhaustive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.