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9 Reasons Why Should You Hire an ISA Personal Property Appraiser

International Society of Appraisers

There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets. Whether you're dealing with art, antiques, furniture, jewelry, or other possessions, an appraiser can give you a valuation.

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Why You Need an Appraisal

Penrose Appraisals

Charitable donation. When making a non-cash donation to charity, your tax deduction for that donation is dependent on the valuation of the items donated. For common donations, such as used clothing and furniture given to a Goodwill or other such organization, an appraisal is rarely required.

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Do You Need An Appraiser for Probate?

Harrison Appraisals

This includes real estate and personal property, such as furniture, antiques, artwork, and general residential contents. Depending on the state, the inventory must be submitted within a specific timeframe, which can range from 30 to 90 days after the estate is opened.

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

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

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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

Collecting trends and changes in taste have had a major impact on everything from antique furniture to folk art. For example, in the last fifteen years, some antique Victorian furniture has experienced a reduction in both value and desirability.