Remove Equitable Distribution Remove Market Value Remove Sale
article thumbnail

A Guide to Estate Jewelry Appraisal for Equitable Distribution among Heirs

La Jolla Gem Appraisal

In this guide, we'll explore the process of appraising estate jewelry for equitable distribution among heirs. Appraisal provides an objective assessment of each piece's value, taking into account factors like market trends, craftsmanship, and provenance.

article thumbnail

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

Artifactual History Appraisal

Based on this, the same exact object can have multiple values on the same day, depending on what level of the market one is evaluating. In my firm’s appraisal assignments, I’ve found that Retail Replacement Value is the main level of value used in fine art and antique insurance coverage.

article thumbnail

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. Appraisals can also assist in establishing provenance, which can significantly impact the value of the artwork.

article thumbnail

How Do I Get My Art Appraised?

Fine Art Estates

They proposed to the IRS that this new organization, made up of many the most knowledgeable and respected art dealers around the country, could help to establish consistent standards for evaluating the fair market value of artworks. Fine print sales are also included in the Artprice database.

article thumbnail

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. This valuation is crucial for various legal and financial purposes, including estate administration, taxes, equitable distribution, and potential future transactions.

article thumbnail

The Importance of Provenance in Art Appraisal

JSK Fine Art Appraisals

Enhancing Market Value: A strong provenance often contributes to an artwork’s market value. Appraisers use provenance to assess the fair market value of artworks, aiding in equitable distribution and estate tax planning.

article thumbnail

How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

It is a worthy pursuit as marketplaces can vary regionally around the country so finding an appraiser near you who understands local market trends can save you a lot of headaches. An appraisal is not just a price tag, but is a comprehensive and professional determination of value. Market value determination.