LHC Appraisals knows the special needs of estate executors
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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Lawyers and accountants rely on our conduct 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 realize these necessities and are comfortable to dealing with all parties involved. We provide appraisal reports that surpass the needs of the legal system and different groups.
Contact us promptly to discuss your personal estate appraisal demands and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an accurate appraisal report to show fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal report is needed will not match the date of death. LHC Appraisals assures that our appraisers are accustomed to the procedures and requirements requested by revenue services 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 us to confidentiality, ensuring the fullest degree of discretion for you and your loved ones.
Many people do not understand that the IRS needs documents filed to show the numbers involved in estate sales.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. This sort of report will certainly demonstrate your claim that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal report from LHC Appraisals gives the executor definite facts and figures to work with in meeting IRS and TX state agency requirements. There's no need to be concerned when getting a report from LHC Appraisals, because we will stand by it no matter what.
Opinions of value shown in documents filed with the the IRS and TX state agencies definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.
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