Property Valuations for Estate Settlement by KRC AppraisalsSettling 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 sympathy to the feelings of everyone involved. Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we understand these requirements and are familiar to dealing with all parties involved. Among our staff, we are accustomed to working with law offices in supplying reports that exceed their requirements. Contact us promptly to discuss your personal estate appraisal essentials and how we can put our business acumen to work for you. Settling an estate most often requires an appraisal to show fair market value for the property in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal deviates from the time of death. Our staff is familiar with the procedures and requirements obligatory to produce 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the highest degree of privacy for you and your family. All too often, people do not fully understand the need to have an intricate appraisal report prepared in support of the numbers shown in tax documents filed with revenue authorities. An exhaustive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. This sort of report will certainly demonstrate your claim that the numbers within within the report are well-founded and accurate. Having a professional report from KRC Appraisals gives the executor definite facts and figures to work with in going beyond IRS and TN state agency requirements. There's no need to have anything but peace of mind when getting a report from KRC Appraisals, because we will support it no matter what. One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. |