Estate Settlement Appraisals in OK by Nicholas Cowan

Settling 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 exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have different requirements of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Due to our familiarity in dealing with attorneys and accountants and different agencies, we assemble appraisal reports that definitely meet all expectations.

Settling an estate generally depends on an appraisal to suggest fair market value for the residential property affected. We sympathize that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal is needed will differ the date of death. Our professional staff is knowledgeable about the procedures and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, assuring the highest degree of discretion for you and your family.

The requirement of having a real estate appraisal when cooperating with revenue services to prove income when filing documents is often unknown by most people.

Opinions of value displayed in documents provided to the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser came to his conclusions. This sort of report will definitely demonstrate the evidence that the numbers expressed within the report are well-founded and accurate.

Having a professional report from Nicholas Cowan gives the executor undeniable facts and figures to work with in exceeding IRS and OK state agency requirements. You need not worry over anything, because we will be there to stand by our reports if they are ever challenged.

An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.