![]() Appraisals for Estate Settlement by Tanasi Appriasal Group. LLC.Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement. Lawyers and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have different requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to working with the courts in writing appraisals that surpass their necessities. Contact us immediately to discuss your individual estate appraisal essentials and how we can put our business acumen to work for you. Settling an estate generally depends on an appraisal to acquire fair market value for the house affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal differs from the time of death. Tanasi Appriasal Group. LLC. assures that our appraisers are comfortable with the procedures and requirements needed by the IRS and TN revenue agencies to perform 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) attunes our appraisers to confidentiality, guaranteeing the highest degree of privacy for you. Many people do not understand that the IRS needs information filed to express the numbers involved in estate sales. One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report backed by Tanasi Appriasal Group. LLC.'s expert staff, you will have the peace of mind that the numbers shown in the appraisal report will clearly demonstrate to the IRS that the numbers used are well founded and correct. Tanasi Appriasal Group. LLC. ensures an accurate report, which will give an executor clear facts and figures that will exceed IRS and revenue agency requirements. You need not stress over anything, because Tanasi Appriasal Group. LLC. will be there to support our reports if they are ever challenged. Opinions of value used in documents provided to the revenue authorities absolutely should be supported by an accurate report as to how the appraiser acquired his conclusions. |