Property Valuations for Estate Settlement by Sandcastle Management & RealtyThe task of settling an estate, while stressful, is very important. It's up to you as a trustee to carry out the wishes of the deceased as quickly 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 left behind.Attorneys and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, the parties involved will have differing requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to working with the courts in creating appraisal reports that transcend their demands.
Settling an estate most often depends on an appraisal to suggest market value for the residential property in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal is needed will deviate the date of death. Sandcastle Management & Realty assures that we are accustomed to the procedures and requirements needed by the federal and Illinois revenue agencies to provide a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the strongest degree of privacy for you and your loved ones. All too often, people do not fully fathom the demand to have a complete appraisal report produced in support of the numbers shown in tax documents filed with the IRS. An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report supported by Sandcastle Management & Realty's professional staff, you will have the knowledge that the numbers provided in the report will definitely demonstrate to the authorities that the numbers used are well founded and correct. Having a professional report from Sandcastle Management & Realty gives the executor irrefutable facts and figures to work with in exceeding IRS and Illinois state agency requirements. You need not stress over anything, because we will be there to support our work if they are ever refuted. |
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