Property Valuations for Estate Settlement 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 departed as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Part of Davis Appraisal Service's company goal is to provide top-notch, ethical appraisals that attorneys can depend on. Usually, all parties will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. In our company, we are used to working with the courts in creating appraisals that out-strip their requirements.
Contact us promptly to discuss your specific estate appraisal essentials and how we can put our experience to work for you.
Settling an estate most often demands an appraisal to determine fair market value for the home affected. We understand that in times like this, acquiring an appraisal report is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal report deviates from the date of your loss. Davis Appraisal Service assures that our appraisers are knowledgeable about the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, assuring the highest degree of discretion for you.
Often, people do not fully fathom the requirement to have a detailed real estate appraisal produced in support of the numbers being used in tax documents filed with revenue authorities.
Opinions of value used in documents provided to the the IRS and TN state agencies definitely should be supported by an accurate report as to how the appraiser acquired 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 will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
An executor will be ecstatic by an appraisal report by Davis Appraisal Service which will give him solid facts and figures to work with revenue agencies' requirements. You need not stress over anything, because we will be there to back up our work if they are ever refuted.
Opinions of value used in documents provided to the the IRS and TN state agencies absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions.