Estate Settlement Appraisals in IL by Diewald Appraisal Group
Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Part of Diewald Appraisal Group's drive is to offer top-notch, ethical appraisals that attorneys can rely on. Sometimes, the parties involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. Because of our familiarity in working with the legal system and other agencies, we construct appraisal reports that definitely exceed all expectations.
Contact us as soon as possible to discuss your exact estate appraisal essentials and how we can put our knowledge to work for you.
Settling an estate usually requires an appraisal to suggest fair market value for the residential property therein. We empathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal report deviates from the date of your loss. Our company is comfortable with the procedures and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, certifying the strongest degree of privacy for you and your loved ones.
Many times, people do not fully comprehend the requirement to have a comprehensive appraisal produced in support of the numbers displayed in tax documents filed with revenue authorities.
One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report supported by Diewald Appraisal Group's professional appraisers, you will have the peace of mind that the numbers displayed in the report will definitely demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional report from Diewald Appraisal Group gives the executor definite facts and figures to work with in exceeding IRS and IL state agency requirements. You need not worry over anything, because we will be there to back up our reports if they are ever refuted.
A comprehensive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.