Estate Settlement Appraisals in MS by First American National Bank

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.

Part of First American National Bank's drive is to supply top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we cater to these necessities and are familiar to dealing with all parties involved. Among our staff, we are used to dealing with the courts in producing appraisal reports that exceed their necessities.

Contact us today to discuss your unique estate appraisal specifications and how we can put our experience to work for you.

Generally, settling an estate requires an detailed appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. We know that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Because of this, now and then there are times that the date of an appraisal differs from the date of your loss. First American National Bank assures that we are accustomed to 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 ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, ensuring the strongest degree of privacy for all parties involved.

The necessity of owning an appraisal report when cooperating with the IRS to prove income when filing documents is often misunderstood by most people.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the MS agencies that the numbers used are accurate and substantiated.

First American National Bank ensures an accurate appraisal report, which will provide an executor accurate facts and numbers that will meet IRS and state agency requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever challenged.

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