Whitney & Associates understands the special needs of estate executorsEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement. Part of Whitney & Associates's mission statement is to create top-notch, ethical appraisals that lawyers can rely on. Sometimes, all parties will have differing suggestions 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 working with the courts in providing reports that meet their needs. Contact us immediately to discuss your specialized estate appraisal demands and how we can put our knowledge to work for you. Generally, settling an estate requires an irrefutable appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to take care of your loved ones first. Whitney & Associates assures that our staff are familiar with the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the strongest degree of discretion for all parties involved. People often forget that the IRS needs documents filed to explain the numbers involved in estate sales. One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and substantiated. An executor will be ecstatic by a report by Whitney & Associates which will provide him undeniable facts and numbers to cooperate with any legal agency's requirements. You need not be concerned over anything, because Whitney & Associates will be there to back up our appraisals if they are ever challenged. Opinions of value displayed in documents filed with the the IRS and TX state agencies absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions. |