Appraisals for Estate Settlement by 1st Appraisal Choice
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 exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
We've made it our company's goal in supplying top-notch appraisals that lawyers and accountants have come to rely on. There are specific needs for everyone; we cater to these needs and are comfortable to working with all parties involved. In our company, we are accustomed to dealing with legal agencies in producing reports that exceed their necessities.
Contact us today to discuss your unique estate appraisal requirements and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an clear appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to be there for your family first. Our company is accustomed to the systems and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, guaranteeing the highest degree of privacy for all parties involved.
All too often, people do not fully realize the need to have a complete real estate appraisal prepared in support of the numbers displayed in general documents filed with the IRS and TX state agencies.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional appraisal report from 1st Appraisal Choice gives the executor irrefutable facts and figures to work with in meeting IRS and TX state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.