Estate Settlement Appraisals in Illinois or Arizona by Advanced Appraising, Ltd.
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, all parties will have different expectations of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We supply appraisal reports that meet the requirements of the courts and various groups.
Contact us as soon as possible to discuss your specific estate appraisal needs and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an accurate appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, there's a chance the date an appraisal report is needed will not match the date of death. Advanced Appraising, Ltd. assures that our appraisers are familiar with the procedures and requirements needed by the IRS and IL revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the fullest degree of discretion for you and your loved ones.
Most people don't realize that the IRS requires information filed to show the numbers involved in estate sales.
One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report supported by Advanced Appraising, Ltd.'s professional appraisers, you will have the peace of mind that the numbers displayed in the appraisal report will certainly demonstrate to the authorities that the numbers used are well founded and correct.
Having a professional appraisal from Advanced Appraising, Ltd. gives the executor solid facts and figures to work with in exceeding IRS and IL state agency requirements. There's no need to worry when getting an appraisal from us, because we will stand by it no matter what.
Opinions of value used in documents filed with the the IRS and state agencies absolutely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions.