Estate Settlement Appraisals in OK by Barnes Appraisal Company
The job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
We've made it our company's goal in supplying excellent appraisals that attorneys and accountants have come to rely on. Generally, all parties will have different ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We assemble appraisal reports that outdo the obligations of the courts and assorted agencies.
Contact us as soon as possible to discuss your personal estate appraisal specifications and how we can put our experience to work for you.
Settling an estate most often requires an appraisal to ascertain fair market value for the house involved. We empathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is required. Our staff is familiar with the practices and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, assuring the fullest degree of discretion for you and your family.
Most people don't realize that the IRS needs documents filed to show the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by Barnes Appraisal Company's professional appraisers, you will have the understanding that the numbers shown in the appraisal will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.
Barnes Appraisal Company guarantees an accurate appraisal report, which will provide an executor definite facts and figures that will meet IRS and state agency requirements. You need not be concerned over anything, because Barnes Appraisal Company will be there to support our appraisals if they are ever challenged.
One of the most significant requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.