Property Valuations for Estate Settlement by Neff Appraisal ServicesEstate settlement is an important and sometimes stressful 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 compassion to the feelings of everyone in bereavement. Part of Neff Appraisal Services's drive is to provide top-notch, ethical appraisals that lawyers can depend on. There are specific needs for everyone; we comprehend these necessities and are familiar to dealing with all parties involved. We assemble appraisal reports that meet the needs of the legal system and various agencies. Contact us as soon as possible to discuss your unique estate appraisal essentials and how we can put our knowledge to work for you. Settling an estate generally depends on an appraisal to show fair market value for the residential property involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is needed. Neff Appraisal Services assures that our staff are familiar 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 of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the fullest degree of discretion for you and your loved ones. Most people don't realize that the IRS requires reports filed to express the numbers involved in estate sales. Opinions of value shown in documents filed with the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions. In having a report backed by Neff Appraisal Services's expert staff, you will have the understanding that the numbers displayed in the appraisal will certainly demonstrate to the IRS that the numbers used are accurate and substantiated. Having a professional appraisal report from Neff Appraisal Services gives the executor irrefutable facts and figures to work with in exceeding IRS and IL state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |