![]() Appraisals for Estate Settlement by Fostvedt-Frey Appraisals, LLC.Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly 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 in bereavement. Part of Fostvedt-Frey Appraisals, LLC.'s focus is to supply top-notch, ethical appraisals that attorneys can rely on. We are sympathetic to their needs and are acclimated to working with all parties involved. In our company, we are accustomed to dealing with legal agencies in providing appraisals that exceed their necessities. Contact us today to discuss your exact estate appraisal requirements and how we can put our business acumen to work for you. Settling an estate commonly requires an appraisal to show fair market value for the property therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal deviates from the date of your loss. We are knowledgeable about the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the strongest degree of privacy for you. Most people don't realize that the IRS needs reports filed to show the numbers involved in estate sales. Opinions of value used in documents filed with the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are accurate and correct. Having a professional appraisal from Fostvedt-Frey Appraisals, LLC. gives the executor solid facts and figures to work with in meeting IRS and CO state agency requirements. You need not be concerned over anything, because Fostvedt-Frey Appraisals, LLC. will be there to back up our reports if they are ever refuted. One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. |