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9 Reasons Why Should You Hire an ISA Personal Property Appraiser

International Society of Appraisers

Legal Requirements: In certain legal situations, such as bankruptcy or litigation, a comprehensive appraisal is necessary to establish the value of assets. Equitable Distribution in Divorce: Personal property appraisals play a crucial role in divorce proceedings, ensuring equitable distribution of joint assets.

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy. As a personal property appraiser, my role encompasses tangible property including fine art, antiques, furniture, and collectibles.

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

Artifactual History Appraisal

Fair Market Value is also frequently encountered in equitable distribution and family distribution appraisal reports. Liquidation Value is often used in bankruptcy contexts. Sales tax is not included in the calculation of fair market value, although Bidder A may have had to pay it!