![]() Property Valuations for Estate Settlement by Scott TankersleySettling an estate 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 exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement. Attorneys 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. We understand their needs and are accustomed to working with all parties involved. In our company, we are accustomed to working with legal agencies in writing appraisal reports that transcend their needs. Contact us immediately to discuss your precise estate appraisal requirements and how we can put our business acumen to work for you. Usually, settling an estate requires an irrefutable appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, you have to be there for your loved ones first. Our company is accustomed to the procedures and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, certifying the highest degree of discretion for you and your loved ones. The requirement of having an appraisal report when cooperating with revenue services to show income when filing documents is often misunderstood by most people. One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and correct. An executor will be ecstatic by an appraisal report by Scott Tankersley which will show him irrefutable facts and numbers to deal with the IRS and TX state agencies' requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever challenged. One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |