Property Valuations for Estate Settlement by Kristy Niemerg

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 quickly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.

Part of Kristy Niemerg's mission statement is to create top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we are sympathetic to these requirements and are acclimated to dealing with all parties involved. Among our staff, we are accustomed to dealing with the courts in producing appraisals that transcend their requirements.

Contact us immediately to discuss your individual estate appraisal essentials and how we can put our business acumen to work for you.

Commonly, settling an estate requires an irrefutable appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We understand that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal is ordered will be different from the date of death. Our staff is familiar with the procedures and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the highest degree of discretion for all parties involved.

Most of the time people do not fully fathom the necessity in having an intricate appraisal report prepared in support of the numbers being used in general documents filed with revenue authorities.

An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report supported by Kristy Niemerg's expert appraisers, you will have the peace of mind that the numbers provided in the appraisal will clearly demonstrate to the IRS that the numbers used are well founded and correct.

Having a professional report from Kristy Niemerg gives the executor solid 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 refuted.

Opinions of value used in documents filed with the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.