Estate Settlement Appraisals in TX by Big Country Residential Appraisals
Settling 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 quickly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
Attorneys and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are used to dealing with all parties involved. In relation to our familiarity in dealing with attorneys and accountants and other agencies, we supply appraisals that always transcend all expectations.
Contact us immediately to discuss your precise estate appraisal essentials and how we can put our experience to work for you.
Usually, settling an estate necessitates an irrefutable appraisal report to establish fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is required. Big Country Residential Appraisals assures that our staff are accustomed to the procedures and requirements needed by the IRS and TX revenue agencies 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 ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, guaranteeing the highest degree of privacy for you and your family.
The requirement of having an appraisal when dealing with the IRS to explain income when filing documents is often overlooked by most people.
One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional report from Big Country Residential Appraisals gives the executor irrefutable 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 will always be there to stand behind the appraisal report if it is ever challenged.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion.