Property Valuations for Estate Settlement by Schaid Appraisals

Settling an estate is an important and sometimes stressful task. 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 understanding to the feelings of everyone left behind.

Lawyers and accountants rely on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are used to helping with all parties involved. Because of our familiarity in working with the legal system and other agencies, we offer appraisals that always meet all expectations.

Contact us immediately to discuss your specific estate appraisal requirements and how we can put our knowledge to work for you.

Settling an estate most often demands an appraisal to show fair market value for the property in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal deviates from the date of your loss. Schaid Appraisals assures that our staff 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 exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, providing the highest degree of privacy for you and your family.

The requirement of owning a real estate appraisal when dealing with the IRS to show income when filing documents is often not considered by most people.

Opinions of value displayed in documents provided to the the IRS and IL state agencies absolutely should be supported by an accurate report as to how the appraiser came to his conclusions. A report of this caliber will certainly show your claim that the numbers provided within the report are well-founded and accurate.

Schaid Appraisals ensures an well-founded report, which will provide an executor clear facts and numbers that will meet IRS and state agency requirements. You need not worry over anything, because Schaid Appraisals will be there to stand by our appraisals if they are ever refuted.

An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.