Appraisals for Estate Settlement by Smith Appraisal Co.

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as promptly 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 in bereavement.

Lawyers and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we understand these requirements and are acclimated to dealing with all parties involved. In our company, we are used to working with legal agencies in assembling appraisal reports that surpass their needs.

Contact us promptly to discuss your precise estate appraisal specifications and how we can put our knowledge to work for you.

Settling an estate most often demands an appraisal to acquire fair market value for the residential property therein. We understand that in times like this, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report deviates from the date of your loss. Our staff is comfortable with the procedures and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the fullest degree of privacy for you and your loved ones.

Often, people do not fully acknowledge the importance in having a full appraisal report produced in support of the numbers displayed in tax documents filed with the IRS.

One of the most essential requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. A report of this caliber will certainly show the evidence that the numbers within within the report are well-founded and accurate.

Having a professional appraisal from Smith Appraisal Co. gives the executor undeniable 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 if it is ever challenged.

Opinions of value displayed in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions.