![]() Axis Valuation Services understands the special needs of estate executorsThe job of settling an estate, while stressful is very important. 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 sympathy to the feelings of everyone involved. Part of Axis Valuation Services's company goal is to supply top-notch, ethical appraisals that attorneys can depend on. Often, everyone involved will have differing suggestions of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. In our company, we are accustomed to interacting with legal agencies in providing appraisal reports that exceed their requirements. Contact us today to discuss your specific estate appraisal demands and how we can put our business acumen to work for you. Usually, settling an estate requires an clear appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, there is a chance that the time of death differs from the date the appraisal is required. Our staff is knowledgeable about the procedures and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, guaranteeing the highest degree of discretion for all parties involved. Most people don't realize that the IRS requires information filed to show the numbers involved in estate sales. One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and correct. Having a professional appraisal report from Axis Valuation Services gives the executor irrefutable facts and figures to work with in meeting IRS and CA state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged. Opinions of value used in documents filed with the revenue authorities absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. |