Estate Settlement Appraisals in CO by Consult 7
The job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Lawyers and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are accustomed to dealing with all parties involved. We offer appraisal reports that meet the necessities of the legal system and assorted groups.
Contact us as soon as possible to discuss your specialized estate appraisal requirements and how we can put our experience to work for you.
Settling an estate most often requires an appraisal to establish fair market value for the home in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is required. Consult 7 assures that our staff are familiar with the procedures and requirements requested by the IRS and CO revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, providing the strongest degree of discretion for you and your loved ones.
Most people don't realize that the IRS requires documents filed to show the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the CO agencies that the numbers used are well-founded and substantiated.
Having a professional appraisal from Consult 7 gives the executor irrefutable facts and figures to work with in meeting IRS and CO state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions.