Estate Tax and Planning Appraisals
Personal property appraisals are an important part of estate planning and are crucial for calculating estate taxes as per IRS regulations. They help ensure that the value of a person’s assets is accurately reflected in their estate plan and is distributed fairly among beneficiaries, which makes the probate process smoother.
We arrange for one of our qualified appraisers to take notes, photograph, and gather details.
Research on comparable examples is gathered, considering size, age, and quality. A market analysis is also included.
A fully compliant, signed, printed appraisal report that is accepted by the IRS is dispatched along with a digital copy.
In many cases, estates are subject to taxes, the personal property appraisals help determine tax liability.
Our team of experts with years of experience in the art and antique market provides accurate and unbiased appraisals in valuing personal property.