Property Valuations for Estate Settlement by Paul Moriconi

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.

Part of Paul Moriconi's drive is to provide top-notch, ethical appraisals that attorneys can depend on. We understand their needs and are acclimated to working with all parties involved. Due to our experience in dealing with the legal system and different agencies, we create reports that always outdo all expectations.

Contact us promptly to discuss your specialized estate appraisal essentials and how we can put our knowledge to work for you.

Settling an estate generally depends on an appraisal to ascertain fair market value for the estate therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal differs from the time of death. We are comfortable with the practices and requirements obligatory to supply 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 obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the highest degree of discretion for you and your family.

The importance of owning an appraisal report when working with the IRS to show income when filing documents is often not considered by most people.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. This sort of report will definitely show your claim that the numbers provided within the report are well-founded and accurate.

Having a professional appraisal from Paul Moriconi gives the executor undeniable facts and figures to work with in meeting IRS and IL state agency requirements. You need not worry over anything, because we will be there to back up our reports if they are ever challenged.

One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.