Estate Settlement Appraisals in TN by Wendy Morrison

Settling 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 sensitivity 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 worth being placed on real property. Generally, the parties involved will have different suggestions of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are used to dealing with legal agencies in writing appraisals that exceed their needs.

Settling an estate commonly requires an appraisal to suggest fair market value for the home therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, it's expected that you need to take care of your loved ones first. We are knowledgeable about the procedures 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 requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the fullest degree of discretion for you.

The importance of having an appraisal report when working with government agencies to explain income when filing documents is often misunderstood by most people.

One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.

Wendy Morrison will provide an well-founded appraisal, which will provide an executor definite facts and numbers that will meet IRS and revenue agency requirements. There's no need to be concerned when getting a report from us, because we will stand by it no matter what.

An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.