Estate Settlement Appraisals in TN by Davis Appraisal Service

The responsibility of settling an estate, often a source of stress is very important. 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 as much empathy to the feelings of everyone left behind.

Part of Davis Appraisal Service's drive is to supply top-notch, ethical appraisals that lawyers can rely on. Usually, all parties will have different ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. We construct appraisal reports that surpass the necessities of the courts and other agencies.

Contact us promptly to discuss your specific estate appraisal needs and how we can put our business acumen to work for you.

Generally, settling an estate requires an clear appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you have to take care of your family first. Davis Appraisal Service assures that we are comfortable with the procedures and requirements needed by the IRS and TN revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, ensuring the fullest degree of discretion for all parties involved.

Most people don't realize that the IRS needs reports filed to explain the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. This sort of report will definitely substantiate the evidence that the numbers provided within the report are well-founded and accurate.

An executor will be ecstatic by a report by Davis Appraisal Service which will provide him irrefutable facts and figures to work with revenue agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.

Opinions of value shown in documents provided to the the IRS and TN state agencies definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions.