![]() Masterson Appraisals, Inc. understands the special needs of estate executorsThe task 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 deceased as promptly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind. Part of Masterson Appraisals, Inc.'s company goal is to supply top-notch, ethical appraisals that attorneys can depend on. Generally, all parties will have differing ideas of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. We furnish appraisal reports that exceed the needs of the courts and other agencies. Contact us promptly to discuss your specialized estate appraisal essentials and how we can put our experience to work for you. Usually, settling an estate requires an detailed appraisal report to show fair market value for the house to the satisfaction of the parties involved. We empathize that in this time of loss, ordering an appraisal is the furthest thought from your mind. So, it's possible the date an appraisal is needed will be different from the date of death. Masterson Appraisals, Inc. assures that our staff are knowledgeable about the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, providing the fullest degree of privacy for you and your family. Most people don't realize that the IRS requires information filed to show the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. This sort of report will clearly show the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal report from Masterson Appraisals, Inc. gives the executor solid 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 assure you that we will stand behind the report if it is ever refuted. Opinions of value shown in documents filed with the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions. |