Estate Settlement Appraisals in CA by Lou Domenick

The responsibility 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 exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

Part of Lou Domenick's drive is to offer top-notch, ethical appraisals that lawyers can depend on. Sometimes, the parties involved will have their own expectations of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. We offer appraisal reports that out-strip the requirements of the legal system and other agencies.

Contact us immediately to discuss your individual estate appraisal essentials and how we can put our business acumen to work for you.

Settling an estate most often demands an appraisal to acquire fair market value for the residential property involved. We sympathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Because of this, often there are times that the effective date of an appraisal differs from the time of death. Lou Domenick assures that we are knowledgeable about the procedures and requirements needed by the IRS and CA revenue agencies 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the fullest degree of privacy for you.

People often forget that the IRS needs documents filed to explain the numbers involved in estate sales.

An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report supported by Lou Domenick's professional appraisers, you will have the peace of mind that the numbers shown in the appraisal report will clearly demonstrate to the CA agencies that the numbers used are accurate and substantiated.

Lou Domenick ensures an detailed appraisal, which will give an executor clear facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.

Opinions of value shown in documents provided to the revenue authorities absolutely should be supported by an accurate report as to how the appraiser came to his conclusions.