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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.

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Do You Need An Appraiser for Probate?

Harrison Appraisals

One question that always arises during the probate process is whether or not it is necessary to get an appraisal of the decedent’s personal property. Accredited appraisers are educated and skilled professionals who understand the market and the specific inventory reporting formats that may be required by your state.

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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.

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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

In this blog entry, we’ll discuss whether a person should get their antiques appraised for insurance purposes. Insurance Companies Need a Value Insurance companies typically require a qualified appraisal of valuable personal property, including antiques. Choosing a Reputable and Qualified Appraiser But this is important.

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Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

My latest article for Worthwhile Magazine™ tackles a tricky area of appraising: understanding the different levels of value. This is one of the most confusing elements of appraising that I spend a lot of time discussing with clients, so I wanted to cover the subject in an article that could reach and help a much broader audience.

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Passing on Your Passion Assets

Art Peritus

While appraisal values may rise and fall with the tide of fluid markets, those who collect passion assets are still able to appreciate and enjoy their investments throughout their lives while remaining confident that it will provide a valuable and worthy legacy to leave behind. Having no estate plan in place is easily the worst scenario.

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Passing on Your Passion Assets

Art Peritus

While appraisal values may rise and fall with the tide of fluid markets, those who collect passion assets are still able to appreciate and enjoy their investments throughout their lives while remaining confident that it will provide a valuable and worthy legacy to leave behind. Having no estate plan in place is easily the worst scenario.