Estate Settlement Appraisals in CO by VolkHaus Appraisals
The task 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 departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
Part of VolkHaus Appraisals's focus is to produce top-notch, ethical appraisals that attorneys can rely on. Sometimes, all parties will have different ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We construct appraisal reports that transcend the needs of the legal system and other groups.
Contact us today to discuss your unique estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate generally demands an appraisal to determine fair market value for the residential property involved. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal report is needed will not match the date of death. VolkHaus Appraisals assures that our staff are knowledgeable about the procedures and requirements requested by the IRS and CO revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, ensuring the fullest degree of discretion for you.
Most of the time people do not fully realize the necessity in having an intricate appraisal report supplied in support of the numbers displayed in general documents filed with revenue authorities.
One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. A report of this caliber will certainly substantiate your claim that the numbers displayed within the report are well-founded and accurate.
Having a professional report from VolkHaus Appraisals gives the executor solid facts and figures to work with in going beyond IRS and CO state agency requirements. You need not stress over anything, because we will be there to stand by our appraisals if they are ever challenged.
Opinions of value used in documents provided to the IRS and CO state agencies definitely should be backed by a comprehensive report as to how the appraiser came to his conclusions.