Remove Charitable Donations Remove Paintings Remove Valuation
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Why You Should Get A Charitable Donations Appraisal

Penrose Appraisals

But if you are considering donations of tangible goods, especially high-value tangible goods, then read on. As you may have read elsewhere on the website, the IRS has many rules when it comes to the charitable donation tax credit. (As Let's say you have decided to donate a painting to your alma mater.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

It is also helpful to obtain an independent assessment since, many times; the family may think a particular painting is a very high value based on: purchase price, asking prices on online platforms, stories and marketing of the artist, etc. This critical step will help safeguard the donor to determine an accurate, fair market value.

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The Significance of Hiring a Qualified Art Appraiser: Preserving Value and Ensuring Accuracy

JSK Fine Art Appraisals

Estate Planning and Legal Compliance: For those considering estate planning or making charitable donations, 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.

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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

Appraisals are important not only to make certain you are appropriately insured, but it can also help you make smart decisions about charitable donations, gifts to family members or making the decision to sell the work. These types of valuations are not accepted. They don’t have the correct credentials. K: Yes indeed.