Estate Appraisals

Settling an estate property in Napa County is an important and sometimes stressful 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 sensitivity to the feelings of everyone involved.

Attorneys and Accountants rely on the values provided by Brauning Appraisals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are used to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies.

Settling an estate usually requires an appraisal to establish Fair Market Value for the residential property involved. Often, the date of death differs from the date the appraisal is requested. We are familiar with the procedures and requirements necessary 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 Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

All too often, people do not fully appreciate the need to have a detailed real estate appraisal prepared by Brauning Appraisals in support of the numbers being used in documents filed with revenue authorities.  Often we have calls from people who did nothing ten years ago when a relative passed away and now need to establish a value many years back.  This is an expensive and time consuming process to attempt and the market data is sketchy.  The sooner an estate appraisal can be completed the better.

Opinions of value used in documents filed with the revenue authorities should be supported by a detailed report as to how the appraiser arrived at his conclusions. Because of this the state and federal tax authorities like to see an appraisal completed by a State Certified Appraiser such as Brauning Appraisals.  Such a report will certainly demonstrate to the authorities that the numbers used are well founded and substantiated.

Having a professional appraisal from Brauning Appraisals 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 are there to stand behind the appraisal if it is challenged.