Appraisals for Estate Settlement by 1 Valuations
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we cater to these requirements and are used to to working with all parties involved. In our company, we are used to working with law offices in creating reports that transcend their requirements.
Contact us today to discuss your personal estate appraisal specifications and how we can put our experience to work for you.
Commonly, settling an estate necessitates an clear appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal report is ordered will differ the date of death. We are knowledgeable about the systems and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the fullest degree of discretion for you and your family.
Many times, people do not fully understand the importance in having a full real estate appraisal prepared in support of the numbers displayed in tax documents filed with the IRS and CO state agencies.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. A report of this caliber will definitely substantiate the evidence that the numbers within within the report are well-founded and accurate.
Having a professional appraisal from 1 Valuations gives the executor irrefutable facts and figures to work with in going beyond IRS and CO state agency requirements. You need not be concerned over anything, because we will be there to back up our reports if they are ever challenged.
Opinions of value shown in documents filed with the the IRS and CO state agencies absolutely should be supported by an accurate report as to how the appraiser came to his conclusions.