![]() M Davies Appraisal LLC understands the special needs of estate executorsEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, everyone involved will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. Because of our familiarity in dealing with the legal system and other agencies, we assemble appraisals that always transcend all expectations. Contact us promptly to discuss your specialized estate appraisal requirements and how we can put our experience to work for you. Settling an estate generally requires an appraisal to show fair market value for the estate involved. We empathize that in this time of loss, ordering an appraisal is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report deviates from the time of death. We are comfortable with the practices and requirements obligatory 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 requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, ensuring the highest degree of privacy for all parties involved. The necessity of needing a real estate appraisal when cooperating with revenue services to explain income when filing documents is often unknown by most people. An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and correct. Having a professional report from M Davies Appraisal LLC gives the executor undeniable facts and figures to work with in meeting IRS and CO state agency requirements. You need not be concerned over anything, because we will be there to stand by our reports if they are ever refuted. One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |