Appraisals for Estate Settlement by Brent Turney Inc.
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 respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Part of Brent Turney Inc.'s drive is to create top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we cater to these requirements and are familiar to working with all parties involved. In our company, we are used to dealing with law offices in assembling appraisals that out-strip their demands.
Contact us as soon as possible to discuss your explicit estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate usually demands an appraisal to acquire fair market value for the residential property therein. We empathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Due to this, now and then the time of death differs from the date the appraisal is requested. Brent Turney Inc. assures that our staff are knowledgeable about the procedures and requirements requested by the IRS and OK revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, certifying the strongest degree of discretion for you.
Most people don't realize that the IRS requires information filed to show the numbers involved in estate sales.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. This sort of report will clearly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.
Having a professional appraisal from Brent Turney Inc. gives the executor irrefutable facts and figures to work with in exceeding IRS and OK state agency requirements. There's no need to be concerned when getting an appraisal from us, because we will back it no matter what.
Opinions of value shown in documents provided to the the IRS and OK state agencies absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions.