Property Valuations for Estate Settlement by LHC Appraisals
Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Part of LHC Appraisals's mission statement is to provide top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we realize these necessities and are acclimated to dealing with all parties involved. In our company, we are used to working with law offices in assembling appraisals that surpass their demands.
Contact us today to discuss your exact estate appraisal requirements and how we can put our experience to work for you.
Settling an estate usually demands an appraisal to show fair market value for the estate therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is ordered will be different from the date of death. LHC Appraisals assures that our staff are familiar with the procedures and requirements needed by the IRS and TX revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, certifying the highest degree of privacy for you and your family.
All too often, people do not fully appreciate the need to have an intricate appraisal report produced in support of the numbers shown in tax documents filed with revenue authorities.
Opinions of value displayed in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional report from LHC Appraisals gives the executor definite facts and figures to work with in exceeding IRS and TX state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.
Opinions of value shown in documents provided to the the IRS and TX state agencies absolutely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions.
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