Art Appraisal Resources

AUGUST 29, 2023

The appraiser will assess its condition, size, materials and overall condition. Estate Appraisal Estate appraisals are crucial for estate tax purposes. 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

Art Appraisal Resources

JULY 13, 2023

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 equitable distribution. Appraisals are crucial in the art market, providing essential information about artworks' value, authenticity, and condition.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Estate Tax Market Value 130

Penrose Appraisals

JANUARY 6, 2024

Estate tax liability. State and federal taxes are a complicated subject and you should always be guided by your accountant or tax advisor. But in determining the tax owed, an appraisal may be required in order to value all of the belongings of the estate. For example, in Pennsylvania, the tax is 4.5%

Appraiser/appraisal 52

Appraiser/appraisal Charitable Donations Estate Tax Insurance 52

Fine Art Estates

JANUARY 7, 2022

The IRS came to view the ADAA’s appraisals as reliable, and as a result, the art collectors’ ability to financially benefit from their donations was preserved. Today, with over 180 members, the ADAA has expanded its appraisal services from donation to also include estate tax, gift tax, and insurance.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130