Art Appraisal Resources

AUGUST 29, 2023

Estate Appraisal Estate appraisals are crucial for estate tax purposes. They determine the value of an art collection when an individual passes away. Accurate estate appraisals help with estate planning and tax obligations. You can read more about estate tax appraisals here.

Appraiser/appraisal 130

Appraiser/appraisal Fine Art Valuation Charitable Donations 130

Penrose Appraisals

JANUARY 6, 2024

You've got some antiques you inherited from your aunt, a small but growing collection of vintage Star Wars toys, and that mysterious oil portrait of two little kids that you picked up at a second-hand store a few years back. Estate tax liability. This means that very few estates will be subject to the tax.

Appraiser/appraisal 52

Appraiser/appraisal Charitable Donations Estate Tax Insurance 52

Fine Art Estates

JANUARY 7, 2022

General Questions about Appraisals and Appraisers PART ONE: Keeping Gifts to Museums Tax Deductible In 1962, the IRS was about to remove the income tax deductibility of artworks that were donated to museums because of inappropriate appraisal overvaluation. Many of these sites have been collecting data since the late 1980’s.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130