Lighthouse Appraisal Service knows the special needs of estate executors

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.

Lawyers and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we understand these needs and are acclimated to working with all parties involved. We write appraisal reports that exceed the needs of the legal system and other groups.

Settling an estate commonly depends on an appraisal to suggest fair market value for the property therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal report is needed will not match the date of death. We are knowledgeable about the practices and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, providing the strongest degree of discretion for you and your family.

Most people don't realize that the IRS requires information filed to explain the numbers involved in estate sales.

An accurate 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 show your claim that the numbers expressed within the report are well-founded and accurate.

Having a professional report from Lighthouse Appraisal Service gives the executor irrefutable facts and figures to work with in meeting IRS and WA state agency requirements. You need not stress over anything, because Lighthouse Appraisal Service will be there to stand by our reports if they are ever challenged.

One of the most necessary requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.