Property Valuations for Estate Settlement by Price Appraisals & Realty, LLC
The task 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 respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Lawyers and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, all parties will have their own expectations of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to working with legal agencies in providing appraisals that out-strip their requirements.
Contact us immediately to discuss your specific estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate most often requires an appraisal to show fair market value for the estate involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal is requested will not match the date of death. We are comfortable with the systems and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the strongest degree of discretion for you and your loved ones.
The requirement of ordering an appraisal when cooperating with revenue services to show income when filing documents is often unknown by most people.
Opinions of value shown in documents provided to the the IRS and TX state agencies definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions. A report of this caliber will certainly show the evidence that the numbers displayed within the report are well-founded and accurate.
Price Appraisals & Realty, LLC guarantees an detailed report, which will give an executor definite facts and numbers that will meet IRS and state agency requirements. There's no need to worry when getting an appraisal from us, because we will support it no matter what.
Opinions of value used in documents filed with the the IRS and TX state agencies absolutely should be supported by a detailed report as to how the appraiser arrived at his conclusions.