Del Monte Appraisals, Limited knows the special needs of estate executorsEstate settlement is an important and sometimes stressful task. 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 sensitivity to the feelings of everyone involved. Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, everyone involved will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to interacting with law offices in writing appraisals that transcend their demands. Contact us immediately to discuss your unique estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate most often requires an appraisal to acquire fair market value for the home in question. We know that in times like this, 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 ordered. Del Monte Appraisals, Limited assures that our staff are accustomed to the procedures and requirements requested by revenue services to perform 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 our company to confidentiality, providing the fullest degree of discretion for you. Many people do not understand that the IRS requires documents filed to show the numbers involved in estate sales. Opinions of value used in documents filed with the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. This sort of report will certainly substantiate the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional report from Del Monte Appraisals, Limited gives the executor undeniable facts and figures to work with in meeting IRS and IL state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted. One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |