Appraisals for Estate Settlement by The Brothers Company

Estate settlement is an important and sometimes stressful 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 act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Lawyers and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we comprehend these requirements and are familiar to working with all parties involved. Among our staff, we are accustomed to working with legal agencies in writing appraisals that surpass their demands.

Usually, settling an estate requires an clear appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Due to this, now and then the time of death differs from the date the appraisal is required. The Brothers Company assures that our staff are comfortable with the procedures and requirements needed by the IRS and TN revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, ensuring the fullest degree of privacy for you and your family.

The importance of having an appraisal report when cooperating with revenue services to prove income when filing documents is often not considered by most people.

Opinions of value used in documents filed with the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser came to his conclusions. A report of this caliber will clearly demonstrate the evidence that the numbers within within the report are well-founded and accurate.

Having a professional appraisal report from The Brothers Company gives the executor undeniable facts and figures to work with in exceeding IRS and TN state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.

One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.