Lumino Valuation Group, Inc. understands the special needs of estate executors

The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.

Attorneys and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are familiar with dealing with all parties involved. We create appraisal reports that transcend the needs of the legal system and assorted agencies.

Settling an estate usually demands an appraisal to show fair market value for the house in question. 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 report differs from the time of death. Lumino Valuation Group, Inc. assures that we are familiar with the procedures and requirements requested by the IRS and CO revenue agencies to provide 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) keeps our staff to confidentiality, guaranteeing the fullest degree of discretion for you.

Most people don't realize that the IRS needs reports filed to express the numbers involved in estate sales.

One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the CO agencies that the numbers used are accurate and correct.

An executor will be ecstatic by an appraisal report by Lumino Valuation Group, Inc. which will show him solid facts and figures to deal with the IRS and CO state agencies' requirements. You need not worry 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 a comprehensive reason as to how the appraiser came to his conclusion.