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9 Reasons Why Should You Hire an ISA Personal Property Appraiser

International Society of Appraisers

Whether you're dealing with art, antiques, furniture, jewelry, or other possessions, an appraiser can give you a valuation. Equitable Distribution in Divorce: Personal property appraisals play a crucial role in divorce proceedings, ensuring equitable distribution of joint assets.

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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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Why You Need an Appraisal

Penrose Appraisals

For common donations, such as used clothing and furniture given to a Goodwill or other such organization, an appraisal is rarely required. Equitable distribution. When making a non-cash donation to charity, your tax deduction for that donation is dependent on the valuation of the items donated.

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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. Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy.

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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

Collecting trends and changes in taste have had a major impact on everything from antique furniture to folk art. For example, in the last fifteen years, some antique Victorian furniture has experienced a reduction in both value and desirability.

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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.