Appraisals for Estate Settlement by Nordheim Appraisal Inc

Settling 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 respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.

Lawyers and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We comprehend their needs and are accustomed to working with all parties involved. In our company, we are used to interacting with law offices in composing appraisals that surpass their needs.

Generally, settling an estate requires an extensive appraisal report to show fair market value for the property to the satisfaction of the parties involved. We know that in this time of loss, ordering an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. Our professional staff is accustomed to the systems and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, certifying the highest degree of privacy for all parties involved.

Many people do not understand that the IRS requires information filed to explain the numbers involved in estate sales.

One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. In having a report backed by Nordheim Appraisal Inc's professional appraisers, you will have the peace of mind that the numbers displayed in the appraisal report will clearly demonstrate to the IRS that the numbers used are accurate and correct.

Having a professional appraisal report from Nordheim Appraisal Inc gives the executor irrefutable facts and figures to work with in exceeding IRS and IL 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 challenged.

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