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 with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
Part of Davis Appraisal Service's company goal is to provide top-notch, ethical appraisals that lawyers can rely on. There are required needs for everyone; we are sympathetic to these necessities and are familiar to working with all parties involved. In our company, we are used to working with legal agencies in supplying appraisal reports that out-strip their needs.
Contact us today to discuss your personal estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate commonly requires an appraisal to acquire fair market value for the house in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, now and then the date of death differs from the date the appraisal is needed. We are accustomed to the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the highest degree of discretion for all parties involved.
All too often, people do not fully acknowledge the need to have a detailed real estate appraisal produced in support of the numbers shown in tax documents filed with the IRS and TN state agencies.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal report from Davis Appraisal Service gives the executor definite facts and figures to work with in exceeding IRS and TN state agency requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever challenged.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.