Property Valuations for Estate Settlement by TJH Appraisal ServicesEstate settlement is an important and sometimes stressful task. As a trustee, you've been given the power to carry out the wishes of the departed as swiftly and with as much dignity as possible. You can count on us to respond quickly and with as much compassion to the feelings of everyone in bereavement.
Part of TJH Appraisal Services's focus is to offer top-notch, ethical appraisals that lawyers can depend on. We understand their needs and are acclimated to dealing with all parties involved. In our company, we are accustomed to working with legal agencies in providing reports that meet their needs.
Settling an estate usually requires an appraisal to establish fair market value for the home therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, now and then the time of death differs from the date the appraisal is ordered. TJH Appraisal Services assures that our appraisers are familiar with the procedures and requirements requested by the federal and Colorado revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the highest degree of discretion for you and your family.
Often, people do not fully realize the requirement to have a full real estate appraisal supplied in support of the numbers shown in tax documents filed with the IRS.
One of the most important requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. This sort of report will certainly substantiate the evidence that the numbers displayed within the report are well-founded and accurate.
Having a professional appraisal report from TJH Appraisal Services gives the executor solid facts and figures to work with in going beyond IRS and Colorado state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.