Red Oak Appraisals knows the special needs of estate executorsSettling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Lawyers and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Often, all parties will have their own ideas of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In our company, we are accustomed to interacting with legal agencies in assembling appraisal reports that surpass their necessities. Contact us today to discuss your specific estate appraisal requirements and how we can put our experience to work for you. Settling an estate usually demands an appraisal to ascertain fair market value for the residential property affected. It's understandable that ordering an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal is ordered will differ the date of death. Red Oak Appraisals assures that our staff are accustomed to 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 of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the fullest degree of discretion for you. The requirement of ordering an appraisal when cooperating with the IRS to prove income when filing documents is often misunderstood by most people. An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated. An executor will be ecstatic by an appraisal by Red Oak Appraisals which will provide him irrefutable facts and figures to work with any legal agency's requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged. One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. |