![]() Appraisals for Estate Settlement by Lisa M ArnoldSettling an estate is often stressful, but a very important job. 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 understanding to the feelings of everyone left behind. Part of Lisa M Arnold's company goal is to offer top-notch, ethical appraisals that lawyers can depend on. Sometimes, the parties involved will have different suggestions of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. Among our staff, we are used to working with the courts in providing appraisals that meet their necessities. Contact us today to discuss your individual estate appraisal essentials and how we can put our business acumen to work for you. Settling an estate most often depends on an appraisal to ascertain fair market value for the house in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there are times that the date of an appraisal report deviates from the date of your loss. Lisa M Arnold assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and IL revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, certifying the fullest degree of discretion for you and your loved ones. All too often, people do not fully fathom the need to have a comprehensive real estate appraisal prepared in support of the numbers shown in tax documents filed with the IRS. Opinions of value shown in documents provided to the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the IL agencies that the numbers used are well-founded and correct. Having a professional appraisal report from Lisa M Arnold gives the executor definite facts and figures to work with in meeting IRS and IL state agency requirements. There's no need to have anything but peace of mind when getting a report from Lisa M Arnold, because we will back it no matter what. Opinions of value shown in documents provided to the the IRS and IL state agencies absolutely should be supported by a comprehensive report as to how the appraiser came to his conclusions. |