Property Valuations for Estate Settlement by Floyd Appraisal Works Inc

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 quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy 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. There are required needs for everyone; we cater to these needs and are familiar to dealing with all parties involved. Due to our familiarity in dealing with the courts and various agencies, we assemble reports that definitely exceed all expectations.

Contact us promptly to discuss your specialized estate appraisal needs and how we can put our experience to work for you.

Settling an estate commonly depends on an appraisal to acquire fair market value for the estate involved. We sympathize that in times like this, ordering an appraisal is the furthest thought from your mind. Due to this, there is a chance that the date of death differs from the time the appraisal is requested. Floyd Appraisal Works Inc assures that we are familiar with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, providing the strongest degree of discretion for you and your family.

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

Opinions of value used in documents filed with the the IRS and TN state agencies definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions. This sort of report will certainly demonstrate the evidence that the numbers expressed within the report are well-founded and accurate.

Having a professional report from Floyd Appraisal Works Inc gives the executor definite facts and figures to work with in meeting IRS and TN state 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 back the methods the appraiser used to come to his conclusions.