First Appraisal Services understands 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 deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
Part of First Appraisal Services's drive is to provide top-notch, ethical appraisals that lawyers can depend on. Usually, everyone involved will have different ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Due to our experience in working with the legal system and other agencies, we offer reports that definitely exceed all expectations.
Contact us immediately to discuss your exact estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an irrefutable appraisal report to establish fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, sometimes the time of death differs from the time the appraisal is required. First Appraisal Services assures that we are comfortable with the procedures and requirements requested 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 your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the fullest degree of privacy for you and your family.
Many people do not understand that the IRS needs information filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. A report of this caliber will definitely show the evidence that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal from First Appraisal Services gives the executor solid facts and figures to work with in exceeding 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.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.