![]() Appraisals for Estate Settlement by JCB Appraisals, Inc.Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity 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 property values for estates, divorces, or other disputes requiring a cost being placed on real property. We understand their needs and are used to helping with all parties involved. We produce appraisal reports that transcend the requirements of the courts and assorted groups. Contact us as soon as possible to discuss your unique estate appraisal essentials and how we can put our experience to work for you. Commonly, settling an estate requires an detailed appraisal report to show fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal report is requested will be different from the date of death. JCB Appraisals, Inc. assures that our staff are comfortable with the procedures and requirements needed by the IRS and IL revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the strongest degree of privacy for you and your family. Many people do not understand that the IRS requires reports filed to support the numbers involved in estate sales. An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. A report of this caliber will definitely substantiate your claim that the numbers within within the report are well-founded and accurate. JCB Appraisals, Inc. ensures an accurate report, which will give an executor accurate facts and numbers that will meet IRS and revenue agency requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever challenged. An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. |