Property Valuations for Estate Settlement by Catalano & Associates, LLCThe 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 deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement. Attorneys and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, the parties involved will have their own ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Due to our experience in dealing with attorneys and accountants and different agencies, we create appraisal reports that always transcend all expectations. Contact us immediately to discuss your specialized estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate generally depends on an appraisal to suggest fair market value for the house involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is needed. Catalano & Associates, LLC assures that we are comfortable with the procedures and requirements requested by the IRS and CO revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the fullest degree of discretion for all parties involved. Often, people do not fully realize the necessity in having a detailed real estate appraisal prepared in support of the numbers shown in tax documents filed with the IRS and CO state agencies. Opinions of value used in documents filed with the revenue authorities definitely should be supported by an exhaustive 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 accurate and substantiated. Having a professional appraisal from Catalano & Associates, LLC gives the executor definite facts and figures to work with in meeting IRS and CO state agency requirements. You need not stress over anything, because Catalano & Associates, LLC will be there to stand by our reports if they are ever refuted. One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. |