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There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitabledonations, probate of an estate, or simply determining the value of your tangible assets. The ISA credential tells the public, clients, and business experts that ISA members are appraisers.
A professional appraiser should have appropriate credentials and expertise in the specific type of antique being appraised. These credentials can indicate that the appraiser has been tested and has the necessary knowledge and expertise to provide an accurate insurance appraisal.
Estate Planning and Legal Compliance: For those considering estate planning or making charitabledonations, a qualified appraiser plays a pivotal role. This is particularly crucial for accurate valuation, minimizing potential issues during estate settlements or when claiming tax deductions for charitable contributions.
Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring FineArt. It’s also important to use a professional appraiser, like the staff at Art Peritus.
If you prefer in-person assessments, and are located in the greater Northwest Pennsylvania area (Cleveland to Erie to Buffalo and down to Pittsburgh), Penrose Appraisals can also provide tailored appraisal services, especially for significant occasions like insurance, charitabledonations, or equitable distribution.
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