Property Valuations for Estate Settlement by Fortuna AppraisalsSettling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved. Attorneys and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Often, everyone involved will have different expectations of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We supply appraisal reports that transcend the obligations of the courts and other groups. Contact us today to discuss your specific estate appraisal specifications and how we can put our experience to work for you. Settling an estate generally requires an appraisal to show fair market value for the house therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is ordered. Fortuna Appraisals assures that our appraisers are comfortable with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, certifying the fullest degree of discretion for you and your loved ones. People often forget that the IRS needs reports filed to show the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated. Having a professional appraisal report from Fortuna Appraisals gives the executor undeniable facts and figures to work with in going beyond IRS and AR state agency requirements. There's no need to worry when getting an appraisal from us, because we will support it no matter what. Opinions of value shown in documents provided to the the IRS and AR state agencies absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions. |