Property Valuations for Estate Settlement by A-1 Appraisal (630) 551-2464
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we comprehend these needs and are acclimated to working with all parties involved. We produce appraisal reports that transcend the necessities of the legal system and other groups.
Contact us immediately to discuss your individual estate appraisal needs and how we can put our business acumen to work for you.
Settling an estate most often depends on an appraisal to suggest fair market value for the estate affected. We sympathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. Our professional staff is familiar with the procedures and requirements obligatory 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) conforms our staff to confidentiality, guaranteeing the highest degree of discretion for all parties involved.
Often, people do not fully comprehend the requirement to have a comprehensive appraisal supplied in support of the numbers being used in tax documents filed with the IRS.
Opinions of value displayed in documents filed with the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the IL agencies that the numbers used are accurate and substantiated.
A-1 Appraisal (630) 551-2464 ensures an well-founded appraisal, which will give an executor clear facts and numbers that will exceed IRS and revenue agency requirements. There's no need to be concerned when getting an appraisal from A-1 Appraisal (630) 551-2464, because we will support it no matter what.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.