Property Valuations for Estate Settlement by J.S. Appraisals, Inc.
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
We've shown that we're experts in providing top-notch appraisals that lawyers and accountants have come to depend on. We realize their needs and are used to helping with all parties involved. In relation to our experience in dealing with attorneys and accountants and other agencies, we produce appraisals that always outdo all expectations.
Contact us promptly to discuss your individual estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate commonly demands an appraisal to establish fair market value for the house involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal report is needed will not match the date of death. J.S. Appraisals, Inc. assures that our appraisers are accustomed to 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 exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, guaranteeing the highest degree of discretion for all parties involved.
All too often, people do not fully fathom the need to have an exhaustive appraisal supplied in support of the numbers displayed in tax documents filed with the IRS.
An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
J.S. Appraisals, Inc. ensures an substantiated appraisal report, which will give an executor definite facts and numbers that will exceed IRS and state agency requirements. You need not stress over anything, because we will be there to back up our work if they are ever challenged.
One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.