Remove Equitable Distribution Remove Insurance Remove Liquidation
article thumbnail

Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

It’s crucial to have an accurate understanding of their replacement cost, especially when it comes to insurance purposes. In this blog entry, we’ll discuss whether a person should get their antiques appraised for insurance purposes.

article thumbnail

The Importance of Appraising Your Parent’s Estate, Even If You Are the Sole Heir

Harrison Appraisals

This valuation is crucial for various legal and financial purposes, including estate administration, taxes, equitable distribution, and potential future transactions. Even if you are familiar with the items and believe you have a good understanding of their worth, a professional appraisal ensures an accurate and documented valuation.

article thumbnail

What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy. Appraisers may also assist with consulting and estate liquidation.

article thumbnail

Do You Need An Appraiser for Probate?

Harrison Appraisals

We also provide appraisals for insurance replacement, damage claim settlement, estate division and Trust matters, divorce and court-ordered equitable distribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.

article thumbnail

So You Found A John George Brown Painting?

Harrison Appraisals

We also provide appraisals for insurance replacement, damage claim settlement, estate division and Trust matters, divorce and court-ordered equitable distribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.

article thumbnail

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

Artifactual History Appraisal

An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered.

article thumbnail

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. Collectors will inevitably need to have their tangible assets professionally appraised for both insurance and tax purposes.