Estate or Probate Appraisals

Settling an estate is an important and sometimes stressful task. As an executor of the estate, you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. When it comes to the auto’s in the estate, you can count on Auto Appraisal Network to act quickly and with sensitivity to the feelings of everyone involved.

Settling an estate usually requires an appraisal to establish Fair Market Value for the estate vehicles. In cases where the date of death precedes the date the appraisal is requested, we have the knowledge and capability to perform a retroactive-appraisal with an effective date and Fair Market Value estimate matching the date of death. The ethics provision within the Uniform Standards of Automotive Appraisal Procedures (USAAP) binds us with confidentiality, ensuring the fullest degree of discretion.

All too often, people do not fully appreciate the need to have a detailed auto appraisal report for each vehicle, boat and RV in the estates, prepared in support of the numbers being used in documents filed with revenue authorities. Opinions of the values used in documents filed, should be supported by a detailed report as to how the appraiser arrived at their conclusions. A certified appraisal report from Auto Appraisal Network will demonstrate to the authorities that the numbers used are well founded and substantiated.

Having a professional appraisal gives the executor solid facts and figures to work with in meeting IRS and state agency requirements. It assures peace of mind to everyone concerned because we stand behind the appraisal if it is challenged.

Lawyers and Accountants regularly rely on our appraisal reports when calculating asset values for estates, divorces, or other disputes requiring a value being placed on assets. We work with many different attorney’s and  understand what information they need to see in an auto appraisal report, which eliminates the hassle of the typical back and forth, which ultimately saves you money. Appraisal reports from Auto Appraisal Network meets the requirements of the courts and the approval of the survivors.