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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 equitabledistribution. In this article, we will explore the key indicators that suggest you may need an art appraisal.
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.
1/31/2024 12:00:00 AM Hiring an ISA personal property appraiser provides many benefits. There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets.
However, when it comes time to distribute these precious pieces among heirs, fairness and equity are paramount. Appraising estate jewelry accurately is essential to ensure that each heir receives their fair share. In this guide, we'll explore the process of appraising estate jewelry for equitabledistribution among heirs.
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.
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. These are important questions that can make a very big difference in value. How much can I get for this?
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.
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. This is essential because the value of your loved one’s assets can impact the estate’s tax liability and the amount that beneficiaries receive.
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.
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.
Provenance, the documented history of an artwork’s ownership, is a cornerstone of art appraisal that adds layers of significance to the valuation process. In this blog post, we delve into the crucial role of provenance and its impact on the appraisal of fine art.
An Investment in the Future For many collectors, a high-value collection represents a joyful investment in the future. Inheriting a valuable collection is simply not the same as assembling it yourself, and minus the passion for the collection, its value defaults to its appraisedmarketvalue.
An Investment in the Future For many collectors, a high-value collection represents a joyful investment in the future. Inheriting a valuable collection is simply not the same as assembling it yourself, and minus the passion for the collection, its value defaults to its appraisedmarketvalue.
As an accredited art appraiser, I often hear from clients who arent sure if they need an appraisal for their artwork. Whether you inherited a painting, purchased a piece years ago, or are considering donating to a museum, there are many reasons why an appraisal might be necessary. What Is an Art Appraisal?
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