article thumbnail

Estate Tax Planning Strategies for Art Collections

Art Appraisal Resources

In this post, we will discuss the importance of accurately valuing your art collection, the estate tax implications of art collections, and strategies for mitigating estate tax liability. This can create liquidity challenges for heirs who wish to retain the art while also meeting tax obligations.

article thumbnail

Do You Need An Appraiser for Probate?

Harrison Appraisals

This is essential because the value of your loved one’s assets can impact the estate’s tax liability and the amount that beneficiaries receive. Contact us today by calling 410.871.2017 The post Do You Need An Appraiser for Probate? first appeared on Harrison Appraisals, LLC | Appraisal Firm | Westminster MD.

article thumbnail

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

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

Should I Have My Antiques Appraised for Insurance Purposes?

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.