Remove Collectibles Remove Estate Tax Remove Sale
article thumbnail

Estate Tax Planning Strategies for Art Collections

Art Appraisal Resources

Estate tax planning is crucial for individuals to manage and minimize the tax implications of transferring their wealth and assets to future generations. Effective estate tax planning not only ensures the preservation of wealth for beneficiaries but also contributes to their overall financial security and long-term goals.

article thumbnail

Evaluation to Valuation: Navigating Fine Art Appraisals

Art Appraisal Resources

Your appraiser will also use knowledge of recent sales of comparable works to determine the artwork’s value. The appraisal report is a crucial document used for various purposes, such as insurance, taxation, sale, or donation, and is often required to be conducted by a certified appraiser to ensure its credibility.

article thumbnail

A Question of Value: Reasons to Appraise Your Jewelry

Gemology Resources

The fair market value of a particular item of property includible in the decedent’s gross estate is not to be determined by a forced sale price. If you're looking to settle an estate, give jewelry as a gift, or if you're hoping to pass down pieces to family members, it’s essential to know the FMV of each item. Permalink

article thumbnail

A Question of Value: Reasons to Appraise Your Jewelry

Gemology Resources

The fair market value of a particular item of property includible in the decedent’s gross estate is not to be determined by a forced sale price. If you're looking to settle an estate, give jewelry as a gift, or if you're hoping to pass down pieces to family members, it’s essential to know the FMV of each item. Permalink

article thumbnail

Passing on Your Passion Assets

Art Peritus

From passion assets to planned giving does estate planning affect the growth and development of a collection? The Art of Collecting A variety of factors drive collectors to collect. As collectors build their collections, they inevitably discover more about the items they are seeking, and their interests deepen and evolve.

article thumbnail

Passing on Your Passion Assets

Art Peritus

From passion assets to planned giving does estate planning affect the growth and development of a collection? The Art of Collecting A variety of factors drive collectors to collect. As collectors build their collections, they inevitably discover more about the items they are seeking, and their interests deepen and evolve.

article thumbnail

Maximizing Your Estate Liquidation: Essential Tips for the Best Results

Sarasota Antique Buyers

Hire a Professional Hiring a professional liquidation agent can help you maximize your profits if you plan to have an estate sale. However, it’s essential to research before hiring an estate sales agent. If you decide to sell your collection, we are happy to make you an offer. We can help you!