Southmost Realty Appraisals & Consultants knows the special needs of estate executorsEstate settlement is often stressful, but a very important job. 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 respond expeditiously and with as much compassion to the feelings of everyone in bereavement.
Attorneys and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, everyone involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are used to interacting with legal agencies in supplying reports that surpass their necessities.
Commonly, settling an estate requires an extensive appraisal report to determine market value for the house to the satisfaction of the parties involved. We understand that when you lose a loved one, ordering an appraisal report 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 time of death. Southmost Realty Appraisals & Consultants assures that our staff is knowledgeable about the procedures and requirements requested by the federal and Texas revenue agencies to produce a retrospective appraisal with an effective date and market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the fullest degree of discretion for you and your loved ones.
The necessity of owning a real estate appraisal when cooperating with the IRS to prove income when filing documents is often overlooked by most people.
Opinions of value used in documents filed with revenue authorities absolutely should be supported by a detailed report as to how the appraiser came to his conclusions. In having a report supported by Southmost Realty Appraisals & Consultants's expert staff, you will have the peace of mind that the numbers provided in the appraisal will clearly demonstrate to the IRS that the numbers used are accurate and correct.
An executor will be satisfied by an appraisal report by Southmost Realty Appraisals & Consultants which will show him irrefutable facts and figures to work with the IRS and Texas state agencies' requirements. You need not stress over anything, because we will be there to back up our reports if they are ever challenged.