Estate Settlement Appraisals in TN by Davis Appraisal Service

Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly 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 supply top-notch, ethical appraisals that attorneys can depend on. Generally, all parties will have different suggestions of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Due to our familiarity in working with the courts and other agencies, we compose appraisal reports that always outdo all expectations.

Contact us as soon as possible to discuss your individual estate appraisal specifications and how we can put our business acumen to work for you.

Usually, settling an estate necessitates an clear 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. Due to this, there is a chance that the time of death differs from the time the appraisal is needed. Davis Appraisal Service assures that our staff are familiar with the procedures and requirements needed by the IRS and TN revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, ensuring the strongest degree of discretion for all parties involved.

The requirement of ordering an appraisal report when cooperating with revenue services to prove income when filing documents is often misunderstood by most people.

One of the most essential requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the TN agencies that the numbers used are well-founded and correct.

Having a professional appraisal from Davis Appraisal Service gives the executor solid facts and figures to work with in going beyond IRS and TN state agency requirements. There's no need to be concerned when getting a report from us, because we will stand by it no matter what.

Opinions of value used in documents provided to the the IRS and TN state agencies absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions.