Estate Appraisals

As an executor you have been entrusted with the important task of carrying out the wishes of the deceased as swiftly and exactly as possible. It’s no secret, settling an estate is a stressful job. You can count on Colton Appraisal Group to act quickly, doing our part to bring a swift resolution to an already uneasy time.

The Colton Appraisal Group is equipped with the knowledge and experience to perform estate appraisals in any of our coverage areas and has extensive experience in Prince George’s and Charles County.

Attorneys and Accountants rely on impartial and professional estimations of value for estates, divorces, or other disputes requiring a value being placed on real property. In addition to real property, Colton Appraisal Group does evaluate and appraise general personal property (ie. furniture, vehicles, tools etc) for the purposes of an estate sale. Colton Appraisal Group has also developed other professionsal relationships to appraise specialty items such as jewelry and firearms. Through experience, we have come to understand the needs of all parties involved. Colton Appraisal Group provides appraisal reports that meet the requirements of the courts and various agencies.

Establishing Market Value is required for the involved residential property and contents therein for estate settlement. Often, the date of death differs from the date the appraisal is requested. Colton Appraisal Group is fully versed in the procedures and requirements necessary to perform a retrospective appraisal with an effective date and Market Value estimate matching the date of death. Like all appraisers, Colton Appraisal Group is bound by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) with confidentiality, ensuring the fullest degree of discretion.

Just when you think you are done, now you have to deal with taxes. Opinions of value used in documents filed with the revenue authorities should be supported by a detailed report as to how the appraiser arrived at his conclusions. Colton Appraisal Group has an excellent track record of accuracy and integrity in data analysis and reporting. Our reports demonstrate to the authorities that the numbers used, and the analysis of them, are well founded and substantiated.

Solid and substantiated facts and opinions of value are vital to an executor. Meeting IRS and state agency requirements can be an arduous task. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is challenged.

If you have any questions please feel free to e-mail us or check out our Frequently Asked Questions (FAQ's) page.