Estate Settlement Appraisals in TX by Purdy Appraisal

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 promptly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.

Lawyers and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we cater to these needs and are familiar to working with all parties involved. Among our staff, we are used to working with legal agencies in supplying reports that surpass their demands.

Contact us as soon as possible to discuss your exact estate appraisal essentials and how we can put our experience to work for you.

Generally, settling an estate necessitates an clear appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Due to this, there is a chance that the time of death differs from the date the appraisal is requested. Our company is comfortable with the procedures and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, guaranteeing the fullest degree of discretion for all parties involved.

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

Opinions of value used in documents filed with the revenue authorities absolutely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and substantiated.

An executor will be ecstatic by a report by Purdy Appraisal which will show him solid facts and numbers to deal with the IRS and TX state agencies' requirements. There's no need to worry when getting a report from us, because we will stand by it no matter what.

One of the most essential requirements in a report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.