Russell Appraisal Service understands the special needs of estate executors
Estate settlement is often stressful, but a very important job. 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 respect to the feelings of everyone in bereavement.
Part of Russell Appraisal Service's mission statement is to create top-notch, ethical appraisals that attorneys can rely on. We cater to their needs and are acclimated to helping with all parties involved. We write appraisal reports that transcend the necessities of the legal system and other agencies.
Contact us today to discuss your personal estate appraisal specifications and how we can put our experience to work for you.
Generally, settling an estate necessitates an clear appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We know that in times like this, acquiring an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal is ordered will deviate the date of death. Russell Appraisal Service assures that our appraisers are familiar with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, certifying the fullest degree of privacy for you.
People often forget that the IRS needs information filed to show the numbers involved in estate sales.
Opinions of value used in documents provided to the the IRS and TX state agencies definitely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. A report of this caliber will definitely demonstrate your claim that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal report from Russell Appraisal Service gives the executor irrefutable facts and figures to work with in meeting IRS and TX state agency requirements. You need not be concerned over anything, because we will be there to stand by our work if they are ever challenged.
One of the most important requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.