profile picture

Estate Settlement Appraisals in TX by Young Appraisal Company, Inc.

Settling an estate 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 exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.

Part of Young Appraisal Company, Inc.'s focus is to provide top-notch, ethical appraisals that attorneys can rely on. We are sympathetic to their needs and are used to helping with all parties involved. Among our staff, we are accustomed to dealing with the courts in providing appraisal reports that meet their requirements.

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

Settling an estate commonly depends on an appraisal to determine fair market value for the estate therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, often the date of death differs from the date the appraisal is required. Young Appraisal Company, Inc. assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and TX revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, providing the fullest degree of privacy for you and your loved ones.

Often, people do not fully fathom the need to have a full appraisal report produced in support of the numbers being used in tax documents filed with revenue authorities.

One of the most important requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. A report of this caliber will certainly show the evidence that the numbers within within the report are well-founded and accurate.

Having a professional appraisal report from Young Appraisal Company, Inc. gives the executor undeniable facts and figures to work with in exceeding IRS and TX state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.

Opinions of value used in documents provided to the the IRS and TX state agencies definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions.