John Fanning & Associates knows the special needs of estate executors

Estate settlement is an important and sometimes stressful task. 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 empathy to the feelings of everyone left behind.

We've shown that we're experts in producing top-notch appraisals that attorneys and accountants have come to rely on. 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. In our company, we are accustomed to dealing with law offices in assembling appraisals that transcend their requirements.

Commonly, settling an estate requires an clear appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We sympathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to take care of your family first. John Fanning & Associates assures that we are familiar with the procedures and requirements needed by the IRS and TX revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, certifying the highest degree of discretion for you and your loved ones.

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

Opinions of value used in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions. In having a report supported by John Fanning & Associates's professional appraisers, you will have the peace of mind that the numbers provided in the report will certainly demonstrate to the authorities that the numbers used are well founded and substantiated.

John Fanning & Associates will provide an accurate report, which will provide an executor clear facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.

One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.