Estate Settlement Appraisals in OK by Nancy J. Shilling Real Estate Appraisals
The task 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 deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Attorneys and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We are sympathetic to their needs and are familiar with working with all parties involved. Because of our familiarity in working with the legal system and different agencies, we produce reports that always meet all expectations.
Contact us today to discuss your unique estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate usually depends on an appraisal to determine fair market value for the residential property affected. We empathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is needed. Nancy J. Shilling Real Estate Appraisals assures that our staff are accustomed to the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, guaranteeing the highest degree of privacy for you.
Most of the time people do not fully appreciate the requirement to have a full appraisal report prepared in support of the numbers displayed in general documents filed with revenue authorities.
Opinions of value displayed in documents filed with the the IRS and OK state agencies definitely should be supported by an accurate report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the OK agencies that the numbers used are well-founded and correct.
Having a professional report from Nancy J. Shilling Real Estate Appraisals gives the executor undeniable facts and figures to work with in exceeding IRS and OK state agency requirements. You need not be concerned over anything, because Nancy J. Shilling Real Estate Appraisals will be there to stand by our reports if they are ever challenged.
One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.