Remove Equitable Distribution Remove Estate Tax Remove Furniture
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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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Do You Need An Appraiser for Probate?

Harrison Appraisals

This includes real estate and personal property, such as furniture, antiques, artwork, and general residential contents. Depending on the state, the inventory must be submitted within a specific timeframe, which can range from 30 to 90 days after the estate is opened.

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

Artifactual History Appraisal

Examples of retail replacement value are the price an art gallery asks for a painting in their inventory, the asking price of a table by a furniture designer, or the manufacturer listed price of a sterling silver serving item. Fair Market Value is also frequently encountered in equitable distribution and family distribution appraisal reports.