Property Valuations for Estate Settlement by Blackmon Appraisal Associates

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.

Attorneys and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We realize their needs and are acclimated to working with all parties involved. In relation to our familiarity in dealing with the courts and other agencies, we provide appraisals that definitely meet all expectations.

Settling an estate usually depends on an appraisal to show fair market value for the house involved. We know that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal report differs from the time of death. Blackmon Appraisal Associates assures that our appraisers are accustomed to the procedures and requirements needed by the IRS and TX revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, guaranteeing the fullest degree of privacy for you and your loved ones.

Many times, people do not fully understand the requirement to have a comprehensive appraisal report produced in support of the numbers displayed in general documents filed with revenue authorities.

An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. This sort of report will certainly demonstrate the evidence that the numbers within within the report are well-founded and accurate.

Blackmon Appraisal Associates guarantees an well-founded report, which will provide an executor solid facts and figures that will meet IRS and 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 refuted.

Opinions of value shown in documents provided to the the IRS and TX state agencies definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions.