Estate Settlement Appraisals in Illinois by Maloney AppraisalThe responsibility of settling an estate, often a source of stress, is very important. As a trustee, you've been given the responsiblity to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to respond quickly and with as much respect to the feelings of everyone in bereavement.Part of Maloney Appraisal's company goal is to supply top-notch, ethical appraisals that lawyers can depend on. Usually, all parties will have different requirements of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. In our company, we are accustomed to working with legal agencies in providing reports that transcend their demands.
Settling an estate commonly requires an appraisal to show market value for the estate affected. We understand that in times like this, ordering an appraisal report is the furthest thought from your mind. Due to this, sometimes the date of death differs from the date the appraisal is requested. Maloney Appraisal assures that our appraisers are accustomed to the procedures and requirements requested by revenue services to provide a retrospective appraisal with an effective date and market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, guaranteeing the strongest degree of discretion for you and your family. The requirement of needing an appraisal when working with the IRS to prove income when filing documents is often misunderstood by most people. A comprehensive 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 clearly demonstrate to the authorities that the numbers used are accurate and correct. Maloney Appraisal will provide a well-founded appraisal report, which will provide an executor clear facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted. |