![]() Sutton Appraisal Service understands the special needs of estate executorsThe 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 promptly 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 left behind. Lawyers and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, everyone involved will have their own suggestions of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are accustomed to working with law offices in creating appraisals that meet their necessities. Contact us today to discuss your personal estate appraisal essentials and how we can put our experience to work for you. Settling an estate generally demands an appraisal to show fair market value for the property affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there can be times that the date of an appraisal differs from the date of your loss. Our professional staff is familiar with the systems and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, certifying the fullest degree of privacy for you and your family. Many people do not understand that the IRS needs information filed to support the numbers involved in estate sales. Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the CO agencies that the numbers used are accurate and correct. An executor will be ecstatic by an appraisal report by Sutton Appraisal Service which will provide him irrefutable facts and numbers to deal with the IRS and CO state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted. Opinions of value shown in documents filed with the the IRS and CO state agencies definitely should be supported by a comprehensive report as to how the appraiser came to his conclusions. |