![]() Estate Settlement Appraisals in IL by Glassey and Glassey AppraisalThe task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind. We've shown that we're experts in supplying the best appraisals that individuals, attorneys and accountants have come to depend on. We realize their needs and are acclimated to dealing with all parties involved. Among our staff, we are accustomed to interacting with legal agencies in writing appraisal reports that surpass their necessities with utmost confidentiality. Contact us immediately to discuss your specialized estate appraisal needs and how we can put our business acumen to work for you. Generally, settling an estate necessitates an accurate appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We empathize that when you lose a loved one, even thinking about 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 needed. Our staff is accustomed to the procedures and requirements obligatory to supply a *retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, certifying the highest degree of privacy for you. If your loved one has passed and you are designated as Executor or heir, please contact us for your appraisal needs in Central IL. You will need to disclose whether you need the appraisal to be "as of" the current date (date of our inspection) OR, if (due to probate, for example) you need it to be "as of the date of death" of your loved one. Either option can be done as long as it is disclosed at the time of the order. {See retroactive clause above}. We will always discuss fees with you prior to going forward with order. The importance of having a real estate appraisal when working with the IRS to explain income when filing documents is often misunderstood by most people. Opinions of value shown in documents provided to the the IRS and IL state agencies absolutely should be backed by an accurate report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the IL agencies that the numbers used are well-founded and substantiated. An executor will be satisfied by a report by Glassey and Glassey Appraisal which will give him undeniable facts and figures to deal with the IRS and IL state agencies' 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. One of the most significant requirements in an estate valuation is a report by a |