First Sum knows the special needs of estate executorsEstate settlement is often stressful, but a very important 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 us to act quickly and with as much sensitivity to the feelings of everyone left behind. Attorneys and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we understand these needs and are familiar to dealing with all parties involved. We furnish appraisal reports that out-strip the requirements of the legal system and assorted groups. Contact us as soon as possible to discuss your unique estate appraisal needs and how we can put our knowledge to work for you. Settling an estate commonly requires an appraisal to establish fair market value for the estate involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, there's a chance the date an appraisal is requested will differ the date of death. First Sum assures that our staff are familiar with the procedures and requirements requested by the IRS and CA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, certifying the highest degree of privacy for you and your loved ones. All too often, people do not fully appreciate the requirement to have an exhaustive appraisal produced in support of the numbers displayed in tax documents filed with revenue authorities. A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. A report of this caliber will certainly demonstrate the evidence that the numbers expressed within the report are well-founded and accurate. An executor will be satisfied by an appraisal report by First Sum which will give him irrefutable facts and figures to deal with the IRS and CA state agencies' requirements. There's no need to be concerned when getting a report from us, because we will stand by it no matter what. Opinions of value displayed in documents filed with the the IRS and CA state agencies absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions. |