Appraisals for Estate Settlement by Illingworth Appraisal ServicesThe 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 quickly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind. Part of Illingworth Appraisal Services's focus is to produce top-notch, ethical appraisals that attorneys can depend on. Often, all parties will have different requirements of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are accustomed to working with the courts in assembling appraisal reports that meet their necessities. Contact us as soon as possible to discuss your specific estate appraisal specifications and how we can put our experience to work for you. Usually, settling an estate necessitates an clear appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. We know that in times like this, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal differs from the time of death. We are comfortable with the systems and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the highest degree of privacy for you and your family. The importance of owning a real estate appraisal when dealing with the IRS to prove income when filing documents is often misunderstood by most people. One of the most significant requirements in an appraisal report is an appraiser-supported 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 correct. Illingworth Appraisal Services guarantees an well-founded report, which will give an executor accurate facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted. An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. |