Barnes Appraisal Company knows the special needs of estate executors
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 promptly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Attorneys and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We comprehend their needs and are accustomed to helping with all parties involved. We create appraisal reports that out-strip the obligations of the courts and various agencies.
Contact us as soon as possible to discuss your exact estate appraisal requirements and how we can put our knowledge to work for you.
Generally, settling an estate requires an detailed appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal deviates from the date of your loss. Barnes Appraisal Company assures that we are comfortable with the procedures and requirements needed by the IRS and OK revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, providing the strongest degree of privacy for you.
The necessity of needing an appraisal when cooperating with the IRS to show income when filing documents is often not considered by most people.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional report from Barnes Appraisal Company gives the executor irrefutable facts and figures to work with in going beyond IRS and OK state agency requirements. You need not stress over anything, because Barnes Appraisal Company will be there to support our reports if they are ever refuted.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.