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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

GL-1, an appraiser is “one who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective.” 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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The Importance of Appraising Your Parent’s Estate, Even If You Are the Sole Heir

Harrison Appraisals

Accurate Asset Valuation An appraisal provides an unbiased and expert opinion of the fair market value of your parent’s assets. Even if you are familiar with the items and believe you have a good understanding of their worth, a professional appraisal ensures an accurate and documented valuation.

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What Kind of Appraisal?

Drishti LLC Appraisers

Do you want to liquidate? A restricted appraisal is a written appraisal that provides a valuation, but information is for the client only and cannot be shared with anyone else. However, the methodology and type of valuation varies depending on the intention. Do you need to have a collection appraised for insurance?

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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

It is also important that you have your appraisal updated regularly to make sure that your valuations accurately reflect any changes in the market or condition of the item. Such a professional can provide you with an accurate and reliable appraisal of your valuable antique personal property.

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Jewelry Appraisal Guide: Understand & Find Jewelry Appraisers

Invaluable

Common types of appraisals include: Insurance Appraisals / Retail Replacement Value Appraisals Estate Appraisals Charitable Donation Appraisals Fair Market Value Appraisals / Financial Planning Antique Gold and Blue Enamel Bracelet , France. There are also online jewelry appraisal services that provide valuations for a nominal fee.