Appraisals for Estate Settlement by Mannion 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 departed as promptly 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 in bereavement.

Part of Mannion Appraisals's focus is to create top-notch, ethical appraisals that lawyers can depend on. We are sympathetic to their needs and are used to working with all parties involved. Among our staff, we are accustomed to working with law offices in producing appraisals that surpass their requirements.

Settling an estate commonly requires an appraisal to show fair market value for the house affected. We empathize that in times like this, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report differs from the date of your loss. Our professional staff is familiar with the practices and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the strongest degree of discretion for all parties involved.

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

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. A report of this caliber will clearly show your claim that the numbers within within the report are well-founded and accurate.

Having a professional report from Mannion Appraisals gives the executor undeniable facts and figures to work with in going beyond IRS and IL state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.

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