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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. During probate, an appraisal comprehensively evaluates the artwork's worth, simplifying the process.

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Why You Need an Appraisal

Penrose Appraisals

Estate tax liability. State and federal taxes are a complicated subject and you should always be guided by your accountant or tax advisor. But in determining the tax owed, an appraisal may be required in order to value all of the belongings of the estate. For example, in Pennsylvania, the tax is 4.5%

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The Importance of Provenance in Art Appraisal

JSK Fine Art Appraisals

Appraisers use provenance to assess the fair market value of artworks, aiding in equitable distribution and estate tax planning. It helps heirs and beneficiaries understand the significance and value of inherited artworks.

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Do You Need An Appraiser for Probate?

Harrison Appraisals

Submitting an inventory is a crucial step in the probate process, as it helps ensure that all of the decedent’s belongings are accounted for and distributed according to their wishes or state law. Contact us today by calling 410.871.2017 The post Do You Need An Appraiser for Probate?

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Passing on Your Passion Assets

Art Peritus

In this situation, a collection is likely to fall under the control of an executor who may choose to liquidate the collection altogether to allow for an equitable distribution of assets. 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

In this situation, a collection is likely to fall under the control of an executor who may choose to liquidate the collection altogether to allow for an equitable distribution of assets. Selling a collection at auction in the interests of expediency could very well minimize the exit value of many objects.

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Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

Fair Market Value is used in all appraisal reports for United States government federal functions such as non-cash charitable contributions for income tax deductions and estate tax. Fair Market Value is also frequently encountered in equitable distribution and family distribution appraisal reports.