Citiwide Appraisal knows the special needs of estate executorsSettling an estate is an important and sometimes stressful job. As an executor, you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on Citiwide Appraisal to respond quickly and with as much understanding to the feelings of everyone in bereavement.
Lawyers and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, the parties involved will have their own expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. We compose appraisal reports that transcend the requirements of the courts and various agencies.
Commonly, settling an estate necessitates an accurate appraisal report to ascertain 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. So, it's possible the date an appraisal report is requested will deviate the date of death. Citiwide Appraisal assures that our appraisers are accustomed to the procedures and requirements needed by the federal and Missouri revenue agencies to perform a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the highest degree of privacy for all parties involved.
The necessity of owning an appraisal when dealing with government agencies to prove income when filing documents is often unknown by most people.
One of the most essential requirements in a 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 Missouri agencies that the numbers used are well-founded and correct.
An executor will be ecstatic by an appraisal report by Citiwide Appraisal which will give him irrefutable facts and numbers to work with the IRS and Missouri state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.