Estate Settlement Appraisals in IL by Zandonatti Appraisal
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly 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.
Attorneys and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, the parties involved will have their own ideas of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We create appraisal reports that surpass the necessities of the courts and various agencies.
Contact us promptly to discuss your specialized estate appraisal requirements and how we can put our business acumen to work for you.
Settling an estate commonly requires an appraisal to ascertain fair market value for the estate affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, you have to be there for your loved ones first. Our company is accustomed to the systems and requirements needed to supply 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 ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the highest degree of privacy for you.
Many people do not understand that the IRS requires documents filed to show the numbers involved in estate sales.
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 certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional report from Zandonatti Appraisal gives the executor undeniable facts and figures to work with in exceeding IRS and IL state agency requirements. There's no need to be stressed out when getting an appraisal from Zandonatti Appraisal, because we will support it no matter what.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.