Appraisal Professionals understands the special needs of estate executors
Estate settlement is an important and sometimes stressful task. 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 compassion to the feelings of everyone left behind.
Part of Appraisal Professionals's focus is to produce top-notch, ethical appraisals that lawyers can rely on. Generally, the parties involved will have different expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In relation to our experience in dealing with the legal system and different agencies, we create reports that always transcend all expectations.
Contact us promptly to discuss your specialized estate appraisal specifications and how we can put our business acumen to work for you.
Settling an estate usually depends on an appraisal to show fair market value for the property in question. We empathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. So, it's possible the time an appraisal report is ordered will differ the date of death. Appraisal Professionals assures that our appraisers are knowledgeable about the procedures and requirements needed by the IRS and TX revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, certifying the strongest degree of discretion for all parties involved.
Most people don't realize that the IRS needs reports filed to express the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions. In having a report supported by Appraisal Professionals's expert appraisers, you will have the peace of mind that the numbers shown in the report will certainly demonstrate to the TX agencies that the numbers used are accurate and substantiated.
Having a professional appraisal from Appraisal Professionals gives the executor solid facts and figures to work with in going beyond IRS and TX state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.