Floyd Appraisal Works Inc knows the special needs of estate executors

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.

Attorneys and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Usually, everyone involved will have their own suggestions of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We construct appraisal reports that exceed the requirements of the courts and different groups.

Settling an estate generally demands an appraisal to ascertain fair market value for the residential property involved. We sympathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. So, we understand that the date an appraisal report is needed will deviate the date of death. Our staff is accustomed to the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, guaranteeing the highest degree of discretion for you and your loved ones.

The importance of ordering an appraisal report when cooperating with government agencies to explain income when filing documents is often overlooked by most people.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report supported by Floyd Appraisal Works Inc's professional appraisers, you will have the knowledge that the numbers shown in the appraisal report will certainly demonstrate to the TN agencies that the numbers used are accurate and substantiated.

Having a professional appraisal report from Floyd Appraisal Works Inc gives the executor solid facts and figures to work with in going beyond IRS and TN state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.

Opinions of value used in documents filed with the the IRS and TN state agencies absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions.