This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Estatetax planning is crucial for individuals to manage and minimize the tax implications of transferring their wealth and assets to future generations. Effective estatetax planning not only ensures the preservation of wealth for beneficiaries but also contributes to their overall financial security and long-term goals.
In this post we explore fine art valuation and appraisal, how an appraisal is conducted and the different types of art appraisals. How a Fine Art Appraisal is Conducted A fine art appraisal conducted by a certified appraiser starts with a thorough inspection of the artwork.
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 estatetax or equitable distribution. In this article, we will explore the key indicators that suggest you may need an art appraisal.
How important is it to have your jewelry appraised? It is crucial to have a valid appraisal for your valuable jewelry. Also, because the price of gold, diamonds and gems changes over time, it is important to have an appraisal tied to a specific point in time so there is an accurate reference of the value of the piece.
Do you need an appraisal? But there may be several instances in which an appraisal would be very much advised. I guess, to the extent that your situation involves paying state or federal taxes, you might actually be able to go so far as to say that an appraisal is NEEDED, lest you run afoul of the law.
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.
Jewelry appraisal is a specialized field, and an expert appraiser can provide you with a comprehensive assessment of your jewelry’s worth. In this blog post, we’ll discuss the top reasons why it’s important to have your jewelry appraised, and why you shouldn’t wait. What exactly is Fair Market Value?
It may be the risk of selling too low, or of paying too much; the risk of being under or over-insured; the risk of not getting your fair share in a division of property; the risk of incurring tax penalties or being audited when claiming a deduction for a charitable contribution or when calculating estatetaxes.
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.
However, it’s essential to research before hiring an estate sales agent. Some estate liquidators only handle the preparation work and conducting the sale, while others take care of additional details such as pricing, appraisals, and hauling away unsold items. Are you in need of an appraisal service for your estate jewelry?
Tweet By Thomas Dawson, ASA Spotlighting five key areas appraisers need to know to be covered in ASA ’ s upcoming PP163 Property Insurance Fundamentals webinar. In the property insurance industry, appraisers play a vital role, particularly when it comes to claims.
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. However, there are limitations to this process.
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. However, there are limitations to this process.
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.
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.
An accurate appraisal and audit of collections will make assessing these options much simpler. Art Peritus has assisted countless private clients by providing certified appraisals, organizing art collections into management systems, and with preparing estate planning appraisals for inheritance tax and wealth transfer purposes.
Understanding the value of an estate’s contents is a crucial step in estate settlement. This is where a personal property estateappraisal comes into play. What is a Personal Property EstateAppraisal? The IRS requires these standards for EstateTax filings.
Understanding IRS Qualified Appraisals and Qualified Appraisers for Jewelry Valuation When dealing with tax-related matters such as charitable donations, estatetax filings, and gift tax reporting , an accurate and IRS-compliant jewelry appraisal is essential. What Is an IRS Qualified Appraisal?
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?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content