Estate Settlement Appraisals in TX by Russell Appraisal Service
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 exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
We've made a name for ourselves in providing the best appraisals that attorneys and accountants have come to depend on. We comprehend their needs and are familiar with working with all parties involved. In our company, we are accustomed to working with law offices in producing reports that exceed their demands.
Contact us promptly to discuss your specific estate appraisal requirements and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an detailed appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal is ordered will deviate the date of death. We are accustomed to the practices and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, assuring the highest degree of privacy for you.
The requirement of ordering a real estate appraisal when cooperating with revenue services to show income when filing documents is often overlooked by most people.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional appraisal from Russell Appraisal Service 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 are there to stand behind the report if it is ever refuted.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.