Remove Charitable Donations Remove Insurance Policy Remove Sales Comparison Approach
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Office Hours Information from March 2025

International Society of Appraisers

This quote is in the context of IRS Publication 561, which provides guidance for determining fair market value for charitable donations; therefore, this quote must be understood within that specific context and intended use. This is because we use different approaches for determining fair market value and replacement value.

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What Kind of Appraisal?

Drishti LLC Appraisers

An insurance appraisal is also used for estate planning purposes, as well as insurance policies and claims. On the other hand, Market Value takes into account the more specific circumstances of a sale, and is used for the intention of liquidation.