Appraisals for Estate Settlement by Schmedt Co. AppraisalSettling an estate is often stressful, but a very important 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 compassion 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. Usually, everyone involved will have different suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Because of our familiarity in dealing with the legal system and different agencies, we assemble reports that always meet all expectations. Contact us immediately to discuss your precise estate appraisal specifications and how we can put our experience to work for you. Commonly, settling an estate necessitates an detailed appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal deviates from the time of death. Schmedt Co. Appraisal assures that we are comfortable with the procedures and requirements requested 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 requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, ensuring the fullest degree of discretion for all parties involved. People often forget that the IRS needs reports filed to explain the numbers involved in estate sales. A comprehensive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report backed by Schmedt Co. Appraisal's expert appraisers, you will have the understanding that the numbers displayed in the appraisal report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated. Schmedt Co. Appraisal ensures an substantiated appraisal report, which will provide an executor accurate facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged. One of the most essential 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. |