Dollar Appraisals understands the special needs of estate executors
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Part of Dollar Appraisals's mission statement is to produce top-notch, ethical appraisals that attorneys can depend on. Often, all parties will have different ideas of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In our company, we are used to working with the courts in supplying reports that exceed their necessities.
Contact us promptly to discuss your explicit estate appraisal demands and how we can put our experience to work for you.
Commonly, settling an estate requires an extensive appraisal report to show fair market value for the property to the satisfaction of the parties involved. We sympathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Because of this, now and then there are times that the date of an appraisal report deviates from the date of your loss. We are accustomed to the systems and requirements necessary to produce 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 ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, certifying the highest degree of discretion for you.
Often, people do not fully understand the need to have a detailed appraisal prepared in support of the numbers displayed in general documents filed with the IRS.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional report from Dollar Appraisals gives the executor solid facts and figures to work with in going beyond IRS and TN state agency requirements. You need not stress over anything, because Dollar Appraisals will be there to stand by our reports if they are ever refuted.
Opinions of value shown in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser acquired his conclusions.