ASA Newsroom - Gems & Jewelry
MAY 1, 2024
The approach to problem identification may be the same in the context of an appraisal for charitable gift or estate tax; however, in an insurance context, appraisers are often faced with specific challenges such as evaluating a property that has already been damaged or stolen.
Artifactual History Appraisal
SEPTEMBER 17, 2019
Fair Market Value is used in all appraisal reports for United States government federal functions such as non-cash charitable contributions for income tax deductions and estate tax. The next level is Fair Market Value.
Fine Art Estates
JANUARY 7, 2022
Today, with over 180 members, the ADAA has expanded its appraisal services from donation to also include estate tax, gift tax, and insurance. The IRS came to view the ADAA’s appraisals as reliable, and as a result, the art collectors’ ability to financially benefit from their donations was preserved.
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