Davis Appraisal Service understands the special needs of estate executors
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
Part of Davis Appraisal Service's company goal is to create top-notch, ethical appraisals that attorneys can depend on. We understand their needs and are acclimated to helping with all parties involved. We create appraisal reports that outdo the obligations of the legal system and various agencies.
Contact us today to discuss your personal estate appraisal needs and how we can put our knowledge to work for you.
Commonly, settling an estate requires an extensive appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report deviates from the date of your loss. Our staff is knowledgeable about the systems and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, providing the fullest degree of privacy for you.
People often forget that the IRS requires documents filed to support the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. In having a report supported by Davis Appraisal Service's expert appraisers, you will have the understanding that the numbers shown in the appraisal report will definitely demonstrate to the IRS that the numbers used are well founded and substantiated.
An executor will be ecstatic by an appraisal by Davis Appraisal Service which will give him irrefutable facts and figures to work with revenue agencies' requirements. There's no need to be concerned when getting an appraisal from Davis Appraisal Service, because we will support it no matter what.
Opinions of value used in documents filed with the the IRS and TN state agencies absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions.