Property Valuations for Estate Settlement by Foundation Appraisal, LLC

Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed 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 involved.

Part of Foundation Appraisal, LLC's mission statement is to provide top-notch, ethical appraisals that lawyers can rely on. Usually, all parties will have their own expectations of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are used to dealing with legal agencies in providing reports that surpass their requirements.

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 necessitates an accurate appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to comfort your loved ones first. Foundation Appraisal, LLC assures that we are familiar with the procedures and requirements needed by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, providing the fullest degree of discretion for all parties involved.

Many times, people do not fully understand the demand to have a complete real estate appraisal supplied in support of the numbers displayed in tax documents filed with revenue authorities.

One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report backed by Foundation Appraisal, LLC's professional staff, you will have the knowledge that the numbers provided in the appraisal will clearly demonstrate to the IL agencies that the numbers used are well founded and correct.

Foundation Appraisal, LLC ensures an well-founded appraisal report, which will give an executor solid 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 report if it is ever refuted.

Opinions of value shown in documents provided to the the IRS and IL state agencies definitely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions.