Estate Settlement Appraisals in TN by Davis Appraisal Service
The task 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 departed as promptly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
We've shown that we're experts in providing the best appraisals that attorneys and accountants have come to rely on. We comprehend their needs and are familiar with dealing with all parties involved. Due to our experience in dealing with the legal system and various agencies, we create appraisal reports that always transcend all expectations.
Contact us as soon as possible to discuss your exact estate appraisal demands and how we can put our experience to work for you.
Usually, settling an estate requires an irrefutable appraisal report to establish 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. So, we understand that the date an appraisal report is ordered will be different from the date of death. We are familiar with the practices and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the highest degree of discretion for you.
Most of the time people do not fully understand the demand to have an exhaustive appraisal report produced in support of the numbers displayed in tax documents filed with the IRS.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions. This sort of report will certainly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.
Having a professional report from Davis Appraisal Service gives the executor solid facts and figures to work with in going beyond IRS and TN state agency requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever challenged.
One of the most significant requirements in a report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.