Estate Settlement Appraisals in TX by Elite Appraisal Services
The job 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 quickly 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 Elite Appraisal Services's focus is to produce top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we are sympathetic to these needs and are familiar to working with all parties involved. We assemble appraisal reports that transcend the obligations of the legal system and various groups.
Contact us immediately to discuss your specialized estate appraisal requirements and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an clear appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We understand that in this time of loss, ordering an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. Our company is accustomed to the practices and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, ensuring the highest degree of privacy for all parties involved.
Most people don't realize that the IRS requires information filed to explain the numbers involved in estate sales.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. In having a report backed by Elite Appraisal Services's professional appraisers, you will have the knowledge that the numbers shown in the appraisal report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
An executor will be ecstatic by a report by Elite Appraisal Services which will show him irrefutable facts and figures to cooperate with revenue agencies' requirements. There's no need to be stressed out when getting a report from us, because we will back it no matter what.
Opinions of value shown in documents filed with the the IRS and TX state agencies definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.