![]() Leroy Albany Appraisals knows the special needs of estate executorsSettling 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 swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we cater to these requirements and are comfortable to working with all parties involved. In our company, we are accustomed to working with legal agencies in creating appraisals that surpass their needs. Contact us immediately to discuss your explicit estate appraisal specifications and how we can put our experience to work for you. Usually, settling an estate requires an irrefutable appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We know that in times like this, acquiring an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is required. We are familiar with the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, ensuring the fullest degree of privacy for you and your loved ones. People often forget that the IRS needs information filed to express the numbers involved in estate sales. Opinions of value used in documents filed with the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser came to his conclusions. In having a report supported by Leroy Albany Appraisals's expert staff, you will have the peace of mind that the numbers displayed in the report will definitely demonstrate to the IRS that the numbers used are well founded and substantiated. Having a professional appraisal from Leroy Albany Appraisals gives the executor solid facts and figures to work with in going beyond IRS and IL state agency requirements. You need not stress over anything, because Leroy Albany Appraisals will be there to back up our appraisals if they are ever refuted. An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. |