Appraisals for Estate Settlement by Angela Schmidt Appraisal Services

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly 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 producing top-notch appraisals that lawyers and accountants have come to depend on. We comprehend their needs and are used to dealing with all parties involved. We furnish appraisal reports that exceed the necessities of the legal system and other groups.

Generally, settling an estate necessitates an detailed appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We know that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal report deviates from the date of your loss. Angela Schmidt Appraisal Services assures that our staff are familiar with the procedures and requirements requested by the IRS and TN revenue agencies to produce 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 obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the strongest degree of privacy for you and your family.

Often, people do not fully acknowledge the requirement to have an exhaustive real estate appraisal supplied in support of the numbers displayed in tax documents filed with the IRS.

A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated.

An executor will be ecstatic by a report by Angela Schmidt Appraisal Services which will give him solid facts and figures to cooperate with any legal agency's requirements. You need not worry over anything, because we will be there to back up our reports if they are ever challenged.

Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser acquired his conclusions.