Property Valuations for Estate Settlement by West Tennessee Appraisal

The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly 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 involved.

We've made a name for ourselves in providing top-notch appraisals that attorneys and accountants have come to depend on. There are specific needs for everyone; we are sympathetic to these requirements and are used to to dealing with all parties involved. We produce appraisal reports that surpass the necessities of the courts and assorted agencies.

Contact us today to discuss your unique estate appraisal requirements and how we can put our business acumen to work for you.

Usually, settling an estate necessitates an irrefutable appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We know that in times like this, even thinking about an appraisal is the furthest thought from your mind. So, we understand that the date an appraisal report is needed will not match the date of death. West Tennessee Appraisal assures that our staff are knowledgeable about the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, guaranteeing the strongest degree of privacy for you and your family.

Many people do not understand that the IRS requires reports filed to support the numbers involved in estate sales.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report supported by West Tennessee Appraisal's professional appraisers, you will have the peace of mind that the numbers shown in the appraisal report will definitely demonstrate to the authorities that the numbers used are accurate and substantiated.

Having a professional appraisal report from West Tennessee Appraisal gives the executor irrefutable facts and figures to work with in meeting IRS and TN state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.

One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.