Estate Settlement Appraisals in OK by Barnes Appraisal Company
Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have differing expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. We produce appraisal reports that transcend the obligations of the courts and various agencies.
Contact us today to discuss your unique estate appraisal needs and how we can put our experience to work for you.
Generally, settling an estate requires an clear appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you have to comfort your family first. We are comfortable with the procedures and requirements necessary 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, assuring the strongest degree of discretion for you.
The necessity of owning an appraisal when dealing with the IRS to show income when filing documents is often unknown by most people.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. This sort of report will clearly show the evidence that the numbers provided within the report are well-founded and accurate.
Having a professional report from Barnes Appraisal Company gives the executor solid facts and figures to work with in exceeding IRS and OK state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.
Opinions of value used in documents provided to the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions.