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Estate Tax Planning Strategies for Art Collections

Art Appraisal Resources

Appraisers also use comparative analysis to provide a basis for estimating the artwork’s potential market value. If the total value of the estate, including art holdings, exceeds this threshold, the excess may be subject to estate taxes.

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The Role of Appraisals When You Sell Your Jewelry

Buckhead Jewelry Appraisers

The importance of professional appraisals cannot be overstated when you sell jewelry to determine its value for insurance and other purposes. More people who own jewelry are getting their jewelry appraised for consultation and legal purposes, and because of that, the global jewelry appraisal market is projected to grow by 2029.

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How to Find a Qualified Jewelry Appraiser

Buckhead Jewelry Appraisers

The retail replacement value of your jewelry is higher than its fair market value. You should have a replacement value appraisal every 3 to 5 years to ensure your jewelry has adequate insurance coverage. Fair Market Value Appraisal This appraisal determines the value of your jewelry when you want to resell or donate it.

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

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. Appraisers may also assist with consulting and estate liquidation. There are also instances where generalists may also specialize in certain areas.

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Passing on Your Passion Assets

Art Peritus

Inheriting a valuable collection is simply not the same as assembling it yourself, and minus the passion for the collection, its value defaults to its appraised market value. Selling a collection at auction in the interests of expediency could very well minimize the exit value of many objects.

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Passing on Your Passion Assets

Art Peritus

Inheriting a valuable collection is simply not the same as assembling it yourself, and minus the passion for the collection, its value defaults to its appraised market value. Selling a collection at auction in the interests of expediency could very well minimize the exit value of many objects.

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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. Let’s explore the importance of appraising your parent’s estate, regardless of your status as the sole heir. The preceding should not be taken as legal or accounting advice.