Financial Planning and Trusts

Many properties today are held in trusts for various reasons. A trust is a legal arrangement that allows a third party to hold assets on behalf of a beneficiary or multiple beneficiaries. Trusts often require real estate appraisals to establish the “tax basis” of the property. In these instances it is important that the appraiser understand the IRS definition of value and IRS rules regarding real estate appraisals.

Real estate holdings are often at the center of the plan as they’re usually the client’s largest assets. Whether you need an appraisal for a single property or multiple appraisals for an entire portfolio we understand the process involved.

At Top Corner Appraisal, we’re acutely aware of the detail, skill and attention necessary to properly value these type of properties. We also assure complete discretion and are sensitive to the needs and privacy of those who reside in these homes.

If you’re a senior, it’s also important that you get your affairs and estate in order as you transition into your retirement years which include knowing the value of your property/properties. There’s no reason to feel overwhelmed during this process as we’ll fully explain the appraisal process up front and when the report is finished we’ll will be available to answer any questions you might have.