Floyd Appraisal Works knows the special needs of estate executors
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 deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
We've shown that we're experts in supplying the best appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we comprehend these needs and are used to to working with all parties involved. Among our staff, we are accustomed to interacting with legal agencies in supplying appraisals that out-strip their needs.
Contact us immediately to discuss your specialized estate appraisal requirements and how we can put our experience to work for you.
Settling an estate generally depends on an appraisal to suggest fair market value for the residential property therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal report is requested will differ the date of death. Our professional staff is accustomed to the practices 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 ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the highest degree of discretion for all parties involved.
The importance of owning an appraisal when cooperating with government agencies to prove income when filing documents is often unknown by most people.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report backed by Floyd Appraisal Works's expert appraisers, you will have the understanding that the numbers shown in the appraisal report will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.
Floyd Appraisal Works ensures an substantiated appraisal report, which will give an executor definite facts and numbers that will exceed IRS and revenue agency requirements. There's no need to be concerned when getting an appraisal from us, because we will stand by it no matter what.
Opinions of value shown in documents filed with the the IRS and TN state agencies absolutely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions.