Estate Settlement Appraisals in IL by Mannion Appraisals
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly 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 in bereavement.
Part of Mannion Appraisals's focus is to offer top-notch, ethical appraisals that attorneys can depend on. We cater to their needs and are acclimated to working with all parties involved. Among our staff, we are accustomed to dealing with law offices in assembling appraisal reports that transcend their necessities.
Contact us as soon as possible to discuss your specialized estate appraisal specifications and how we can put our business acumen to work for you.
Generally, settling an estate requires an extensive appraisal report to show fair market value for the property to the satisfaction of the parties involved. We empathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Due to this, there is a chance that the date of death differs from the time the appraisal is ordered. We are comfortable with the procedures and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the strongest degree of privacy for you.
The importance of ordering an appraisal report when dealing with the IRS to prove income when filing documents is often not considered by most people.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
An executor will be over-joyed by a report by Mannion Appraisals which will give him irrefutable facts and numbers to cooperate with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.