Appraisals for Estate Settlement by Mannion Appraisals

The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.

Attorneys and accountants rely on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, the parties involved will have different ideas of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Due to our familiarity in working with attorneys and accountants and different agencies, we compose appraisals that always exceed all expectations.

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

Generally, settling an estate necessitates an clear appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring 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 date the appraisal is requested. Our staff is familiar with the practices and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, assuring the highest degree of discretion for you and your loved ones.

The importance of ordering an appraisal when cooperating with government agencies to explain income when filing documents is often not considered by most people.

One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and substantiated.

Having a professional appraisal report from Mannion Appraisals gives the executor solid facts and figures to work with in exceeding IRS and IL state agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will support it no matter what.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.