James Appraisal Company understands the special needs of estate executorsSettling an estate is often stressful, but a very important job. As an executor, you have been given the responsiblity to carry out the wishes of the departed as promptly and attentively as possible. You can count on James Appraisal Company to act expeditiously and with as much compassion to the feelings of everyone left behind.
Part of James Appraisal Company's company goal is to provide top-notch, ethical appraisals that lawyers can depend on. Usually, everyone involved will have different expectations of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to interacting with law offices in writing appraisals that surpass their needs.
Settling an estate generally depends on an appraisal to acquire market value for the estate in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal report deviates from the date of your loss. James Appraisal Company assures that we are comfortable with the procedures and requirements requested by the federal and Oklahoma revenue agencies to perform a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the highest degree of privacy for you.
Most people don't realize that the IRS needs documents filed to show the numbers involved in estate sales.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. This level of documentation will definitely substantiate the evidence that the values within the report are well-founded and accurate.
James Appraisal Company ensures a detailed appraisal report, which will provide an executor clear facts and numbers that will meet IRS and state agency requirements. There's no need to be concerned when getting a report from us, because we will stand by it no matter what.