Property Valuations for Estate Settlement by Davis Appraisal Service

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Attorneys and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, everyone involved will have different requirements of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We compose appraisal reports that exceed the needs of the courts and various agencies.

Contact us promptly to discuss your specific estate appraisal demands and how we can put our knowledge to work for you.

Commonly, settling an estate necessitates an extensive appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal report is ordered will not match the date of death. We are accustomed to the procedures and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the highest degree of discretion for you and your loved ones.

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

An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.

Davis Appraisal Service ensures an accurate appraisal report, which will provide an executor accurate facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.

An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.