Estate Settlement Appraisals in TX by Elite Appraisal Services
The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Part of Elite Appraisal Services's company goal is to provide top-notch, ethical appraisals that lawyers can depend on. We understand their needs and are accustomed to helping with all parties involved. Because of our experience in working with attorneys and accountants and different agencies, we assemble appraisal reports that always outdo all expectations.
Contact us as soon as possible to discuss your personal estate appraisal needs and how we can put our business acumen to work for you.
Commonly, settling an estate necessitates an extensive appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We empathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Due to this, now and then the date of death differs from the date the appraisal is requested. Our company is familiar with the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the strongest degree of discretion for all parties involved.
The necessity of needing an appraisal when dealing with the IRS to show income when filing documents is often not considered by most people.
One of the most important requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will definitely demonstrate your claim that the numbers displayed within the report are well-founded and accurate.
Elite Appraisal Services will provide an substantiated appraisal, which will provide an executor solid facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.
An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.