Did You Know?
...that the same item may have many different appraised values depending on how you intend to use the appraisal? For instance, a value for insurance may be very different than a value for estate tax, consumer resale, or charitable contribution. Other assigned uses include investment, liquidation, price confirmation, equitable distribution, loan collateral, casualty loss, and many more
Qualified, educated appraisers understand the many different types of values, assigned uses, and market levels. He or she works with you to choose the proper type of value so that you can use the appraisal correctly and effectively.
Why You Might Need an Appraisal
- Insurance - Determine replacement values for household effects, antiques, fine art, silver, jewelry, etc.
- Divorce - Determine values for equitable division of property
- Probate - Determine estate values
- Tax Loss - Establish and document values for claiming a loss
- Liquidation of personal property - Establish values before selling
- Donations - Determine value and create documentation for tax purposes
- Loan Collateral - Establish values for business loans based on collateral
- Damage or Loss - Determine loss of value on damaged items and replacement value on lost items
- Price Confirmation - Determine if the "antique" you own is truly authentic and not a reproduction and how valuable is it
