Estate Settlement Appraisals in TX by Precision Appraisals

The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.

We've shown that we're experts in producing top-notch appraisals that attorneys and accountants have come to depend on. We cater to their needs and are used to working with all parties involved. In relation to our familiarity in working with attorneys and accountants and other agencies, we produce reports that always outdo all expectations.

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

Settling an estate most often demands an appraisal to establish fair market value for the house in question. We know that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal report is ordered will not match the date of death. Our company is knowledgeable about the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, guaranteeing the strongest degree of discretion for all parties involved.

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

One of the most important requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the TX agencies that the numbers used are accurate and correct.

Having a professional report from Precision Appraisals gives the executor solid facts and figures to work with in going beyond IRS and TX state agency requirements. You need not worry over anything, because Precision Appraisals will be there to stand by our work if they are ever challenged.

Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser came to his conclusions.