Virtuous Valuations understands the special needs of estate executors

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 swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

Attorneys and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We understand their needs and are acclimated to dealing with all parties involved. Due to our familiarity in dealing with the legal system and other agencies, we supply appraisals that always meet all expectations.

Contact us promptly to discuss your specific estate appraisal specifications and how we can put our experience to work for you.

Generally, settling an estate necessitates an accurate appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is needed. We are familiar with the practices and requirements necessary 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, ensuring the strongest degree of discretion for all parties involved.

Many people do not understand that the IRS requires information filed to explain the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. In having a report backed by Virtuous Valuations's professional appraisers, you will have the peace of mind that the numbers shown in the appraisal report will definitely demonstrate to the FL agencies that the numbers used are well founded and correct.

Having a professional appraisal from Virtuous Valuations gives the executor solid facts and figures to work with in going beyond IRS and FL state agency requirements. You need not be concerned over anything, because we will be there to support our appraisals if they are ever refuted.

Opinions of value used in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser acquired his conclusions.