Property Valuations for Estate Settlement by Speight & Associates L.L.C.

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.

Part of Speight & Associates L.L.C.'s mission statement is to offer top-notch, ethical appraisals that lawyers can depend on. Often, the parties involved will have their own requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to dealing with legal agencies in composing appraisal reports that exceed their demands.

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

Settling an estate commonly depends on an appraisal to ascertain fair market value for the estate affected. We empathize that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. Due to this, now and then the date of death differs from the date the appraisal is ordered. Speight & Associates L.L.C. assures that our appraisers are comfortable with the procedures and requirements needed by revenue services to supply 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 ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, ensuring the fullest degree of discretion for you and your loved ones.

Many people do not understand that the IRS requires reports filed to support the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the TN agencies that the numbers used are well-founded and correct.

Having a professional appraisal report from Speight & Associates L.L.C. gives the executor definite facts and figures to work with in going beyond IRS and TN state agency requirements. There's no need to have anything but peace of mind when getting a report from Speight & Associates L.L.C., because we will support it no matter what.

Opinions of value shown in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions.