Deer Creek Appraisals knows the special needs of estate executors
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We are sympathetic to their needs and are used to helping with all parties involved. We write appraisal reports that out-strip the obligations of the legal system and assorted agencies.
Contact us today to discuss your personal estate appraisal requirements and how we can put our business acumen to work for you.
Commonly, settling an estate requires an extensive 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. Due to this, sometimes the date of death differs from the date the appraisal is required. We are accustomed to the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, providing the fullest degree of privacy for all parties involved.
Most people don't realize that the IRS needs documents filed to support the numbers involved in estate sales.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the CO agencies that the numbers used are well-founded and correct.
Having a professional appraisal from Deer Creek Appraisals gives the executor irrefutable facts and figures to work with in going beyond IRS and CO 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 significant requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.