Mannion Appraisals 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 departed as quickly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

Part of Mannion Appraisals's mission statement is to supply top-notch, ethical appraisals that lawyers can rely on. Generally, everyone involved will have different requirements of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We produce appraisal reports that exceed the obligations of the courts and various agencies.

Contact us promptly to discuss your precise estate appraisal demands and how we can put our experience to work for you.

Settling an estate usually demands an appraisal to show fair market value for the residential property affected. It's understandable that ordering an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal report is ordered will be different from the date of death. Mannion Appraisals assures that our staff are comfortable with 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 date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the highest degree of privacy for you and your family.

The requirement of needing a real estate appraisal when cooperating with the IRS to explain income when filing documents is often not considered by most people.

Opinions of value used in documents filed with the revenue authorities absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions. In having a report supported by Mannion Appraisals's expert staff, you will have the peace of mind that the numbers shown in the appraisal will definitely demonstrate to the IL agencies that the numbers used are well founded and substantiated.

Having a professional appraisal report from Mannion Appraisals gives the executor undeniable facts and figures to work with in going beyond IRS and IL state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.

One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.