J.S. Appraisals, Inc. knows the special needs of estate executors
The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
We've made a name for ourselves in supplying excellent appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we comprehend these necessities and are familiar to dealing with all parties involved. We assemble appraisal reports that out-strip the obligations of the legal system and assorted agencies.
Contact us as soon as possible to discuss your individual estate appraisal specifications and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an detailed appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal report is requested will differ the date of death. J.S. Appraisals, Inc. assures that our staff are familiar with the procedures and requirements needed by the IRS and IL revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, guaranteeing the highest degree of discretion for you.
Most of the time people do not fully realize the demand to have a full appraisal supplied in support of the numbers displayed in general documents filed with revenue authorities.
Opinions of value shown in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions. In having a report supported by J.S. Appraisals, Inc.'s professional appraisers, you will have the knowledge that the numbers shown in the report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional report from J.S. Appraisals, Inc. gives the executor irrefutable facts and figures to work with in going beyond IRS and IL state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.
One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion.