Michael Hanks understands the special needs of estate executors

The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.

We've made a name for ourselves in supplying the best appraisals that lawyers and accountants have come to depend on. Often, the parties involved will have differing ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In our company, we are accustomed to working with law offices in assembling reports that meet their necessities.

Commonly, settling an estate requires an irrefutable appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, sometimes the time of death differs from the date the appraisal is ordered. Michael Hanks 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 ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the highest degree of discretion for you and your loved ones.

The importance of owning an appraisal when dealing with government agencies to explain income when filing documents is often not considered by most people.

One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. A report of this caliber will definitely demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.

An executor will be satisfied by an appraisal report by Michael Hanks which will show him solid facts and numbers to cooperate with revenue agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.

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