Estate Settlement Appraisals in TN by Davis Appraisal Service
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
We've made a name for ourselves in providing top-notch appraisals that lawyers and accountants have come to depend on. We understand their needs and are accustomed to working with all parties involved. In our company, we are used to interacting with the courts in providing appraisals that transcend their demands.
Contact us today to discuss your personal estate appraisal requirements and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an irrefutable appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We empathize that in times like this, acquiring an appraisal is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal report differs from the time of death. Davis Appraisal Service assures that we are familiar with the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the highest degree of privacy for you and your family.
Many people do not understand that the IRS needs reports filed to support the numbers involved in estate sales.
One of the most essential requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. This sort of report will definitely show the evidence that the numbers displayed within the report are well-founded and accurate.
Davis Appraisal Service guarantees an detailed appraisal report, which will give an executor solid facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.