Estate Settlement Appraisals in IL by William Kozik and Associates

Settling an estate is an important and sometimes stressful task. 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 sensitivity to the feelings of everyone involved.

Lawyers and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We cater to their needs and are used to helping with all parties involved. Among our staff, we are accustomed to working with legal agencies in producing reports that exceed their necessities.

Generally, settling an estate requires an extensive appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Due to this, there is a chance that the time of death differs from the time the appraisal is requested. William Kozik Certified Residential Real Estate Appraiser assures that our staff are familiar with the procedures and requirements needed by the IRS and IL revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, guaranteeing the fullest degree of privacy for you and your family.

Many times, people do not fully fathom the need to have an intricate real estate appraisal produced in support of the numbers displayed in general documents filed with the IRS.

An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. This sort of report will certainly substantiate the evidence that the numbers displayed within the report are well-founded and accurate.

Having a professional appraisal from William Kozik and Associates gives the executor definite 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.