Estate Settlement Appraisals in TN by Southern Appraisal Company

Estate settlement is often stressful, but a very important 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 respect to the feelings of everyone in bereavement.

Part of Southern Appraisal Company's drive is to offer top-notch, ethical appraisals that attorneys can depend on. We cater to their needs and are accustomed to working with all parties involved. Among our staff, we are used to dealing with legal agencies in providing appraisals that meet their demands.

Settling an estate usually depends on an appraisal to establish fair market value for the home therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. Southern Appraisal Company assures that our appraisers are accustomed to the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the strongest degree of discretion for all parties involved.

Most people don't realize that the IRS requires information filed to support the numbers involved in estate sales.

One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. This sort of report will definitely show the evidence that the numbers provided within the report are well-founded and accurate.

Having a professional appraisal from Southern Appraisal Company gives the executor undeniable facts and figures to work with in exceeding IRS and TN state agency requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever challenged.

An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.