Date of death valuations

Estate tax liability. Disposition of assets under a will or in probate. There are numerous situations — none of them lacking in stress and complexity — where you may need an appraisal of property that states an opinion of what the property was worth on a date sometime ago, instead of when the appraisal is requested. For estate tax purposes or disposition of the assets of a decedent, a “date of death” evaluation is usually needed. (Sometimes, the executor of the property may want to have the date be six months after the date of death — but the same concepts apply.)

Lawyers, accounting firms, executors and others rely on Appraise Colorado Inc for “date of death” valuations because such appraisals require special expertise and training. They require a firm that has been in the area for a while and can effectively research comparable contemporaneous sales.

Real property isn’t like publicly operated stock or any other products which don’t go up and down in value very much or for which historical public data can be found. You want a professional real property appraiser, bound by the Uniform Standards of Professional Appraisal Practice (USPAP) for a high level of confidentiality and professionalism, and you need the type of quality report and work product taxing authorities and courts need and expect.

Feel free to browse our website to find out more about our qualifications, expertise and services offered.