Art Appraisal Resources
AUGUST 29, 2023
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 ensures integrity in their valuation process.
Harrison Appraisals
JUNE 19, 2023
Accurate Asset Valuation An appraisal provides an unbiased and expert opinion of the fair market value of your parent’s assets. 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.
Penrose Appraisals
JANUARY 6, 2024
Estate tax liability. State and federal taxes are a complicated subject and you should always be guided by your accountant or tax advisor. But in determining the tax owed, an appraisal may be required in order to value all of the belongings of the estate. The estate does not pay this tax, the heir does.
Harrison Appraisals
APRIL 7, 2023
It is also important that you have your appraisal updated regularly to make sure that your valuations accurately reflect any changes in the market or condition of the item. Such a professional can provide you with an accurate and reliable appraisal of your valuable antique personal property.
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