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Valuing and Substantiating Charitable Art Contributions

Art Appraisal Resources

When individuals or businesses donate assets such as property, artwork, or any other item of value to a charitable organization, they may be eligible to claim a tax deduction for the fair market value of the donated item. Shelley Hall is a certified member of the International Society of Appraisers with Fine Arts Specialty.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Many insurance companies require a professional art appraisal to determine the appropriate coverage and premiums. An appraisal helps establish the artwork's current market value and ensures that you have the necessary documentation in case of loss, theft, or damage.

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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. These types of appraisers often overlap, generalists can consult with specialists for specific items or if they feel that they need to have a second professional opinion.

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How To Sell Art At Auction

Art Appraisal Resources

Auction houses are a viable option to sell your fine art collection if the conditions are right. Qualified appraisers and advisors can help determine if the auction market is the right choice to sell your fine art. The first thing you must do when trying to sell any fine art is to determine what you have: 1.

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Charitable Donations of Art: Maximizing Impact and Tax Benefits

JSK Fine Art Appraisals

A qualified art appraiser can provide an accurate valuation, which is crucial for claiming tax deductions and ensuring compliance with IRS regulations. Fair Market Value and Tax Deductions: The fair market value (FMV) of donated artworks is a key factor in determining tax deductions.

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How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

A professional appraiser is one who has received training and area certified in the accurate assessment of value, authenticity, condition, and other important aspects of antiques, fine art, and other personal property. Market value determination. Specialization. Insurance and bonding.

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Fine Art Insurance 101

Fine Art Estates

Three Insurance Experts Explain the Intricacies of Insuring Your Art Collection I am often asked by clients if they should cover their art under their homeowner’s insurance (HO) or if they should investigate insuring their art with a separate fine art collectors’ policy.

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