Property Valuations for Estate Settlement by Timely Appraisal Services
The job 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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
Part of Timely Appraisal Services's mission statement is to supply top-notch, ethical appraisals that attorneys can depend on. Usually, all parties will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to working with legal agencies in assembling reports that out-strip their necessities.
Contact us as soon as possible to discuss your unique estate appraisal demands and how we can put our experience to work for you.
Generally, settling an estate requires an detailed appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We empathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to comfort your loved ones first. Our staff is comfortable with the systems 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 requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the strongest degree of privacy for all parties involved.
Many people do not understand that the IRS needs documents filed to explain the numbers involved in estate sales.
One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report backed by Timely Appraisal Services's professional staff, you will have the understanding that the numbers shown in the report will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.
Having a professional appraisal report from Timely Appraisal Services gives the executor irrefutable facts and figures to work with in exceeding IRS and TX state agency requirements. There's no need to be concerned when getting a report from Timely Appraisal Services, because we will stand by it no matter what.
One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.