Property Valuations for Estate Settlement by Fitzgerald Appraisals

The 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 departed as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

We've made it our company's goal in providing top-notch appraisals that attorneys and accountants have come to rely on. Generally, all parties will have their own suggestions of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Because of our experience in dealing with the courts and other agencies, we assemble appraisals that definitely exceed all expectations.

Contact us today to discuss your specific estate appraisal specifications and how we can put our business acumen to work for you.

Usually, settling an estate requires an clear appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We understand that in times like this, ordering an appraisal report is the furthest thought from your mind. Due to this, now and then the date of death differs from the time the appraisal is requested. Fitzgerald Appraisals assures that we are accustomed to the procedures and requirements requested by the IRS and IL revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the fullest degree of discretion for you and your family.

The requirement of ordering an appraisal report when cooperating with government agencies to explain income when filing documents is often misunderstood by most people.

One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated.

Fitzgerald Appraisals guarantees an accurate appraisal report, which will provide an executor definite facts and numbers that will exceed IRS and 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.

One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.