Property Valuations for Estate Settlement by TMT Appraisal Services, LLC

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 swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.

Attorneys and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, the parties involved will have different ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to interacting with legal agencies in providing appraisal reports that out-strip their demands.

Usually, settling an estate requires an extensive appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We understand that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Of course, you have to comfort your family first. TMT Appraisal Services, LLC assures that we are familiar with the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, assuring the strongest degree of discretion for all parties involved.

Most of the time people do not fully comprehend the necessity in having an exhaustive appraisal prepared in support of the numbers displayed in general documents filed with the IRS and TN state agencies.

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. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and correct.

Having a professional appraisal from TMT Appraisal Services, LLC gives the executor solid facts and figures to work with in meeting IRS and TN state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.

An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.