![]() Estate Settlement Appraisals in IL by ARC AppraisalsThe responsibility of settling an estate, often a source of stress 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 involved. Part of ARC Appraisals's company goal is to create top-notch, ethical appraisals that attorneys can depend on. There are required needs for everyone; we are sympathetic to these requirements and are familiar to working with all parties involved. In relation to our experience in dealing with the courts and other agencies, we supply reports that always exceed all expectations. Contact us as soon as possible to discuss your individual estate appraisal demands and how we can put our experience to work for you. Usually, settling an estate requires an extensive appraisal report to establish fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there can be times that the date of an appraisal report deviates from the time of death. ARC Appraisals assures that our staff are comfortable with the procedures and requirements requested by the IRS and IL revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, certifying the strongest degree of privacy for all parties involved. Many people do not understand that the IRS requires information filed to express the numbers involved in estate sales. Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. A report of this caliber will definitely show your claim that the numbers displayed within the report are well-founded and accurate. Having a professional appraisal from ARC Appraisals gives the executor solid facts and figures to work with in exceeding IRS and IL state agency requirements. There's no need to be concerned when getting a report from ARC Appraisals, because we will back it no matter what. An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. |