Estate Settlement Appraisals in TN by Davis Appraisal Service
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
Part of Davis Appraisal Service's mission statement is to offer top-notch, ethical appraisals that attorneys can rely on. Sometimes, everyone involved will have their own expectations of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. We compose appraisal reports that outdo the obligations of the courts and other agencies.
Contact us immediately to discuss your unique estate appraisal requirements and how we can put our experience to work for you.
Settling an estate generally depends on an appraisal to ascertain fair market value for the house affected. We know that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal deviates from the time of death. We are knowledgeable about the procedures and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the highest degree of discretion for all parties involved.
The requirement of having a real estate appraisal when cooperating with the IRS to explain income when filing documents is often unknown by most people.
One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. A report of this caliber will definitely demonstrate the evidence that the numbers provided 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 support our work if they are ever refuted.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.