Remove Blog Remove Equitable Distribution Remove Estate Tax
article thumbnail

The Importance of Provenance in Art Appraisal

JSK Fine Art Appraisals

In this blog post, we delve into the crucial role of provenance and its impact on the appraisal of fine art. Appraisers use provenance to assess the fair market value of artworks, aiding in equitable distribution and estate tax planning.

article thumbnail

Passing on Your Passion Assets

Art Peritus

In this situation, a collection is likely to fall under the control of an executor who may choose to liquidate the collection altogether to allow for an equitable distribution of assets. Selling a collection at auction in the interests of expediency could very well minimize the exit value of many objects.

article thumbnail

How Do I Get My Art Appraised?

Fine Art Estates

Today, with over 180 members, the ADAA has expanded its appraisal services from donation to also include estate tax, gift tax, and insurance. Fair Market Value is used when a collector is settling an estate, needing equitable distribution, or making a charitable donation.