J.S. Appraisals, Inc. understands the special needs of estate executors
The responsibility 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 swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
We've made it our company's goal in producing top-notch appraisals that attorneys and accountants have come to depend on. We comprehend their needs and are used to helping with all parties involved. We offer appraisal reports that exceed the needs of the legal system and other groups.
Contact us promptly to discuss your specialized estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate most often depends on an appraisal to establish fair market value for the residential property affected. We understand that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Of course, you need to take care of your loved ones first. J.S. Appraisals, Inc. assures that our staff are familiar with the procedures and requirements needed by the IRS and IL revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, certifying the fullest degree of privacy for you.
The requirement of ordering an appraisal report when cooperating with the IRS to prove income when filing documents is often overlooked by most people.
One of the most necessary requirements in a report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report supported by J.S. Appraisals, Inc.'s expert staff, you will have the knowledge that the numbers provided in the appraisal report will clearly demonstrate to the IL agencies that the numbers used are accurate and substantiated.
J.S. Appraisals, Inc. guarantees an substantiated report, which will give an executor clear facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.