Estate Settlement Appraisals in OK by Barnes Appraisal Company
Estate settlement is an important and sometimes stressful job. 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 empathy to the feelings of everyone left behind.
Lawyers and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have their own suggestions of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. In our company, we are accustomed to dealing with legal agencies in assembling appraisals that surpass their demands.
Contact us promptly to discuss your individual estate appraisal essentials and how we can put our experience to work for you.
Settling an estate usually depends on an appraisal to determine fair market value for the residential property in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal differs from the time of death. We are accustomed to the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, providing the strongest degree of privacy for you and your loved ones.
Most of the time people do not fully acknowledge the necessity in having a detailed appraisal supplied in support of the numbers being used in tax documents filed with the IRS and OK state agencies.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. A report of this caliber will certainly substantiate your claim that the numbers provided within the report are well-founded and accurate.
An executor will be ecstatic by an appraisal report by Barnes Appraisal Company which will show him solid facts and figures to cooperate with the IRS and OK state agencies' requirements. You need not stress over anything, because we will be there to support our reports if they are ever challenged.
Opinions of value displayed in documents provided to the the IRS and OK state agencies absolutely should be supported by a detailed report as to how the appraiser arrived at his conclusions.