Appraisals for Estate Settlement by Wasatch Back Appraisal

Estate settlement 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 exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.

Part of Wasatch Back Appraisal's company goal is to produce top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we cater to these requirements and are comfortable to dealing with all parties involved. Due to our experience in working with attorneys and accountants and different agencies, we create appraisals that always transcend all expectations.

Settling an estate most often demands an appraisal to acquire fair market value for the estate affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, you have to be there for your loved ones first. Our staff is accustomed to the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the highest degree of discretion for you and your family.

People often forget that the IRS needs reports filed to support 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 definitely demonstrate to the IRS that the numbers used are accurate and correct.

An executor will be over-joyed by an appraisal by Wasatch Back Appraisal which will provide him solid facts and figures to cooperate with the IRS and UT 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.

Opinions of value displayed in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser came to his conclusions.