Appraisals for Estate Settlement by KT Appraisers

Estate settlement is an important and sometimes stressful task. It's up to you as a trustee to carry out the wishes of a loved one as promptly and with as much dignity as possible. You can count on us to respond quickly and with as much compassion to the feelings of everyone left behind.

Attorneys and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. We realize their needs and are familiar with working with all parties involved. We assemble appraisal reports that surpass the needs of the legal system and different agencies.

	Contact us today to discuss your personal estate appraisal needs and how we can put our knowledge to work for you.

Usually, settling an estate necessitates an accurate appraisal report to acquire market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is requested. KT Appraisers assures that we are familiar with the procedures and requirements needed by the federal and Tennessee revenue agencies to produce a retrospective appraisal with an effective date and market value estimate matching the date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, guaranteeing the fullest degree of discretion for all parties involved.

People often forget that the IRS requires documents filed to explain the numbers involved in estate sales.

One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.

Having a professional appraisal from KT Appraisers gives the executor solid facts and figures to work with in going beyond IRS and Tennessee state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.