Estate Settlement Appraisals in TX by John Fanning & 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 quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.

Attorneys and accountants rely on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, everyone involved will have different requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. We construct appraisal reports that out-strip the necessities of the courts and other agencies.

Contact us immediately to discuss your explicit estate appraisal demands and how we can put our business acumen to work for you.

Settling an estate most often requires an appraisal to acquire fair market value for the home affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report deviates from the date of your loss. John Fanning & Associates assures that our appraisers are accustomed to the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the strongest degree of privacy for you and your family.

People often forget that the IRS needs documents filed to explain the numbers involved in estate sales.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the TX agencies that the numbers used are accurate and correct.

An executor will be ecstatic by an appraisal report by John Fanning & Associates which will give him irrefutable facts and figures to cooperate with revenue agencies' requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever challenged.

Opinions of value shown in documents filed with the the IRS and TX state agencies absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions.