Estate Settlement Appraisals in TN by Integrated Assets
The job 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 swiftly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Lawyers and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We cater to their needs and are familiar with working with all parties involved. Due to our experience in dealing with the courts and various agencies, we supply reports that definitely meet all expectations.
Contact us immediately to discuss your specialized estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate usually demands an appraisal to suggest fair market value for the house therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is required. Integrated Assets assures that we are accustomed to the procedures and requirements needed by the IRS and TN revenue agencies 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.
The requirement of owning an appraisal report when working with revenue services to explain income when filing documents is often overlooked by most people.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the TN agencies that the numbers used are accurate and substantiated.
Integrated Assets will provide an substantiated report, which will provide an executor definite facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.
An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.