Estate Settlement Appraisals in TX by JP TEXAS APPRAISAL
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
We've made a name for ourselves in supplying the best appraisals that lawyers and accountants have come to depend on. We are sympathetic to their needs and are acclimated to working with all parties involved. Among our staff, we are used to working with the courts in producing appraisals that out-strip their demands.
Contact us promptly to discuss your specific estate appraisal specifications and how we can put our experience to work for you.
Settling an estate commonly demands an appraisal to suggest fair market value for the estate affected. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, it's possible the time an appraisal is needed will be different from the date of death. JP TEXAS APPRAISAL assures that our appraisers are accustomed to the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, assuring the strongest degree of discretion for you.
Most people don't realize that the IRS needs documents filed to support the numbers involved in estate sales.
Opinions of value used in documents filed with the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. This sort of report will certainly show the evidence that the numbers within within the report are well-founded and accurate.
JP TEXAS APPRAISAL ensures an substantiated report, which will provide an executor clear facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.
One of the most significant 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.