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

Artifactual History Appraisal

To be clear, the levels I am describing are those typically used in the United States, where I am based, but I recognize that among our international readership there may be other levels of value specific to different countries. The next level is Fair Market Value. Source: Treasury Regulations Sections 1.170A-1 (c) (2)].

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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. Please discuss how the values for the different types of appraisals may differ and why?

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Personal Property Estate Appraisal Explained

ValuePros Appraisal Services

The IRS requires these standards for Estate Tax filings. Why is a Personal Property Estate Appraisal Important? There are several reasons why an estate might need a personal property appraisal: Estate Tax Filing: As mentioned, the IRS requires appraisals that meet USPAP standards for estate tax purposes.