Appraisals for Estate Settlement by Ramsey Appraisals
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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
We've made it our company's goal in providing top-notch appraisals that attorneys and accountants have come to rely on. We comprehend their needs and are familiar with dealing with all parties involved. In our company, we are used to interacting with legal agencies in writing reports that out-strip their necessities.
Contact us as soon as possible to discuss your specialized estate appraisal requirements and how we can put our experience to work for you.
Commonly, settling an estate necessitates an accurate appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the date of an appraisal deviates from the date of your loss. Ramsey Appraisals assures that our staff are knowledgeable about the procedures and requirements needed by the IRS and OK revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the highest degree of discretion for all parties involved.
The requirement of ordering a real estate appraisal when cooperating with the IRS to show income when filing documents is often unknown by most people.
Opinions of value displayed in documents provided to the the IRS and OK state agencies definitely should be backed by an accurate report as to how the appraiser acquired his conclusions. A report of this caliber will certainly demonstrate your claim that the numbers provided within the report are well-founded and accurate.
Having a professional appraisal report from Ramsey Appraisals gives the executor undeniable facts and figures to work with in going beyond IRS and OK state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.
One of the most necessary 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.