Appraisals for Estate Settlement by Underwood Appraisal Services, LLC

The responsibility 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 exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

We've shown that we're experts in supplying the best appraisals that lawyers and accountants have come to depend on. Generally, the parties involved will have different ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In relation to our familiarity in working with attorneys and accountants and various agencies, we assemble reports that always transcend all expectations.

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

Settling an estate generally demands an appraisal to determine fair market value for the estate therein. We know that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is ordered. Underwood Appraisal Services, LLC assures that our appraisers are comfortable with the procedures and requirements requested by revenue services 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, guaranteeing the highest degree of privacy for all parties involved.

All too often, people do not fully understand the requirement to have a detailed real estate appraisal supplied in support of the numbers shown in general documents filed with revenue authorities.

Opinions of value shown in documents provided to the the IRS and TN state agencies absolutely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.

Underwood Appraisal Services, LLC will provide an detailed report, which will provide an executor accurate facts and numbers that will meet IRS and revenue agency requirements. There's no need to be concerned when getting a report from Underwood Appraisal Services, LLC, because we will back it no matter what.

One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.