Appraisals for Estate Settlement by W.F. Smith Company

The job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly 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 involved.

Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, all parties will have their own suggestions of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Because of our familiarity in dealing with the legal system and different agencies, we produce appraisals that always meet all expectations.

Contact us as soon as possible to discuss your unique estate appraisal specifications and how we can put our business acumen to work for you.

Commonly, settling an estate requires an accurate appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We understand that in times like this, ordering an appraisal report is the furthest thought from your mind. Of course, it's imperative to take care of your family first. Our staff is familiar with the systems and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, providing the fullest degree of discretion for you and your family.

All too often, people do not fully appreciate the importance in having a detailed appraisal report produced in support of the numbers being used in tax documents filed with the IRS.

An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. In having a report supported by W.F. Smith Company's professional staff, you will have the peace of mind that the numbers shown in the report will definitely demonstrate to the TX agencies that the numbers used are accurate and correct.

Having a professional report from W.F. Smith Company gives the executor irrefutable facts and figures to work with in exceeding IRS and TX state agency requirements. You need not worry over anything, because we will be there to back up our appraisals if they are ever refuted.

One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.