Estate Settlement Appraisals in TX by Cedar Elm AppraisalsSettling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly 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 rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have their own suggestions of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to interacting with law offices in supplying appraisal reports that exceed their requirements. Contact us as soon as possible to discuss your personal estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate generally depends on an appraisal to show fair market value for the home in question. We empathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal report deviates from the time of death. Our staff is familiar with the practices and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the strongest degree of discretion for you and your family. Many people do not understand that the IRS requires information filed to explain the numbers involved in estate sales. An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated. Cedar Elm Appraisals ensures an well-founded appraisal, which will give an executor solid facts and figures that will exceed IRS and state agency requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever refuted. One of the most necessary requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |