When a property owner passes away, establishing an accurate valuation of their real estate is one of the most critical steps in settling the estate. Whether you need to determine the stepped-up basis for heirs, report state or federal estate taxes, or support asset distribution through probate, the appraisal must be thorough, defensible, and regulatory-compliant.
At Witherell & Associates, we provide specialized date-of-death and retrospective valuations for residential and commercial properties across the Puget Sound. With nearly three decades of local experience, we understand the specific legal and tax frameworks governing these assignments.
Defensible Valuations for Tax & Legal Compliance
Our reports are built to withstand scrutiny from the IRS, state tax authorities, and the courts. We work closely with attorneys, CPAs, and Personal Representatives to deliver:
- IRS & USPAP Compliance: Valuation methodology tailored to meet strict federal and state reporting standards.
- Retrospective Appraisals: Precise date-of-death valuations, whether the passing was last month or several years ago.
- Gift Tax Valuations: Appraisals structured for lifetime asset transfers and wealth planning.
- Independent Appraisal Review: Comprehensive, objective reviews when a second opinion on another appraiser’s report is required.
Estate administration comes with immense administrative and emotional weight. We are committed to a smooth, reliable process and clear communication from start to finish.
Have questions about a specific estate or historical valuation date? Contact us today to discuss your situation before engaging our services.
When engaged for appraisal services, Witherell & Associates acts solely as an independent, neutral third party. We do not mix appraisal and brokerage roles on the same assignment. If we appraise your property, we will not list it unless legally permissible and agreed upon by all parties. These are two separate services, and we keep them that way.
Contact us today at 206-632-2333 or joshua@witherellre.com.