Estate Appraisals

Estate Appraisals throughout the Chicago Metropolitan Area.

At Allstate Appraisal, we specialize in providing comprehensive estate appraisals to assist families, attorneys, executors, and financial professionals in valuing real estate for estate planning, tax reporting, and equitable distribution. Our experienced team delivers precise, IRS-compliant valuations that stand up to legal and regulatory scrutiny. We proudly serve clients nationwide, with a strong focus on Chicago, the Chicago Metropolitan area, the Midwest, Northwest Indiana, and other major cities.

When Do You Need an Estate Appraisal?

Estate appraisals play a crucial role in various situations, including:

• Estate Settlements & Probate: Accurate property valuations are essential for a fair and smooth estate settlement process.
• Date of Death Valuations: Determining property value as of the date of a decedent’s passing for tax reporting and inheritance distribution.
• Retrospective Appraisals: Establishing historical property values to comply with legal and financial requirements.
• Equitable Asset Distribution: Ensuring fair division of real estate assets among heirs and beneficiaries.
• Estate Tax & IRS Compliance: Providing defensible valuations for federal and state tax purposes.
• Trust & Estate Planning: Helping financial planners and legal professionals develop effective estate strategies.

What Sets Our Estate Appraisals Apart?

• Expertise You Can Trust: With over 65 years of experience, our appraisers hold MAI and SRA designations, ensuring top-tier valuation services.
• Nationwide Coverage with Local Expertise: While we operate across the U.S., we have a strong presence in Chicago, the Midwest, Northwest Indiana, and other major metropolitan areas, giving us in-depth knowledge of local market trends.
• Comprehensive, Defensible Reports: Our reports are detailed, clear, and prepared to meet IRS and legal standards.
• Efficient Turnaround Times: We understand the urgency of estate matters and provide timely, accurate appraisals.
• Compassionate and Professional Service: We approach each estate appraisal with sensitivity, professionalism, and attention to detail.

Our Process

• Consultation & Case Review: Understanding the unique needs of the estate and legal requirements.

• Detailed Property Inspection: Conducting thorough on-site evaluations (where applicable) in Chicago, the Midwest, Northwest Indiana, and beyond.

• Market Analysis & Comparable Data: Researching historical sales and market trends for precise valuations.

• Report Preparation: Delivering a clear, IRS-compliant valuation report.

• Support for Legal Proceedings: Providing expert witness testimony when necessary.

Contact Us for Estate Appraisal Services

Whether you need a date of death valuation, an equitable distribution analysis, or assistance with estate tax filings, Allstate Appraisal is here to help. Our expert team provides accurate, defensible valuations tailored to your needs.

Request an estate appraisal today to ensure a smooth and compliant estate settlement process with a trusted appraisal partner serving Chicago, the Midwest, Northwest Indiana, and nationwide.

For inquiries or to discuss your estate appraisal, call us directly at 708-754-3455. We’re here to provide clarity and support during this challenging time.