Estate Settlement Appraisals in IL by Cannon Real Estate Appraisals

Estate settlement 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 compassion to the feelings of everyone in bereavement.

We've made it our company's goal in providing top-notch appraisals that lawyers and accountants have come to depend on. We are sympathetic to their needs and are accustomed to helping with all parties involved. Among our staff, we are used to interacting with the courts in assembling appraisals that out-strip their necessities.

Commonly, settling an estate requires an detailed appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, sometimes the date of death differs from the date the appraisal is needed. Our company is familiar with the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, ensuring the strongest degree of privacy for you and your loved ones.

The requirement of owning an appraisal report when dealing with revenue services to show income when filing documents is often not considered by most people.

One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. In having a report backed by Cannon Real Estate Appraisals's expert staff, you will have the knowledge that the numbers provided in the report will certainly demonstrate to the authorities that the numbers used are well founded and correct.

Having a professional report from Cannon Real Estate Appraisals gives the executor undeniable facts and figures to work with in going beyond IRS and IL state agency requirements. There's no need to be stressed out when getting a report from Cannon Real Estate Appraisals, because we will back it no matter what.

Opinions of value displayed in documents filed with the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions.