Remove Appraiser/appraisal Remove Consultation Remove Equitable Distribution
article thumbnail

How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. In this article, we will explore the key indicators that suggest you may need an art appraisal.

article thumbnail

How Do I Get My Art Appraised?

Fine Art Estates

In gathering information to write this post, I was shocked to discover that anyone can legally present themselves as a personal property appraiser. There is no governmental license, proof of knowledge, or certification required to appraise personal property.

article thumbnail

What Does An Appraiser Do, Anyway?

Penrose Appraisals

These are examples of the questions that appraisers are faced with just about every day. Many people may be surprised that your average appraiser may or may not be able to tell you "what it's worth" on the spot. The appraiser must answer all of these questions. Can you tell me what it's worth? Identification.

article thumbnail

How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

Antique appraisals are a crucial step in understanding the true value of the item in the marketplace. A skilled appraiser carefully studies the history, authenticity, and condition of each item to determine their worth. Unfortunately, finding skilled antique appraisers near you can be a challenge. Examination.

article thumbnail

The Importance of Appraising Your Parent’s Estate, Even If You Are the Sole Heir

Harrison Appraisals

As the sole heir of your parent’s estate, you may wonder if it’s even necessary to have their assets appraised. While you may assume that being the only beneficiary eliminates the need for an appraisal, there are several important reasons why obtaining a professional appraisal by an accredited appraiser is still essential.

article thumbnail

What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

Image courtesy of Anubis Appraisal and Estate Services Inc. What is an Appraiser? As defined in The International Society of Appraisers, Core Course in Appraisal Studies 2021 pg. The role of the appraiser is to develop an opinion of value for a specific purpose.

article thumbnail

How to Prepare Your Parents' Estate

Penrose Appraisals

This can be especially helpful if there is a desire to ensure the equitable distribution of items to heirs. An appraiser can be consulted to provide valuations for items in the inventory, thus ensuring that the valuations are determined by a neutral party.