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Hi, I’m Ray Nugent with ValuePros Appraisers , and I recently spent some time in beautiful Portland, Oregon, handling an estate appraisal. Whether it’s a modest household or a high-value estate with art, jewelry, and antiques, these are the four main reasons families choose to get an estate appraisal.
Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitabledistribution. In this article, we will explore the key indicators that suggest you may need an art appraisal.
One crucial aspect of this understanding is obtaining a professional jewelry appraisal. In this comprehensive guide, we explore the documentation requirements for various types of jewelry appraisals, from rings and watches to diamonds, gold, gemstones, and vintage or antique pieces. Documentation serves several purposes, including: 1.
Image courtesy of Anubis Appraisal and Estate Services Inc. What is an Appraiser? As defined in The International Society of Appraisers, Core Course in Appraisal Studies 2021 pg. The role of the appraiser is to develop an opinion of value for a specific purpose.
1/31/2024 12:00:00 AM Hiring an ISA personal property appraiser provides many benefits. There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets.
These are examples of the questions that appraisers are faced with just about every day. Many people may be surprised that your average appraiser may or may not be able to tell you "what it's worth" on the spot. The appraiser must answer all of these questions. Can you tell me what it's worth? Identification.
My latest article for Worthwhile Magazine™ tackles a tricky area of appraising: understanding the different levels of value. This is one of the most confusing elements of appraising that I spend a lot of time discussing with clients, so I wanted to cover the subject in an article that could reach and help a much broader audience.
Antique appraisals are a crucial step in understanding the true value of the item in the marketplace. A skilled appraiser carefully studies the history, authenticity, and condition of each item to determine their worth. Unfortunately, finding skilled antique appraisers near you can be a challenge. Examination.
Do you need an appraisal? But there may be several instances in which an appraisal would be very much advised. I guess, to the extent that your situation involves paying state or federal taxes, you might actually be able to go so far as to say that an appraisal is NEEDED, lest you run afoul of the law. Equitabledistribution.
In this blog entry, we’ll discuss whether a person should get their antiques appraised for insurance purposes. Insurance Companies Need a Value Insurance companies typically require a qualified appraisal of valuable personal property, including antiques. Choosing a Reputable and Qualified Appraiser But this is important.
Art appraisal is an intricate field often shrouded in misconceptions that can lead collectors and enthusiasts astray. In this blog post, we aim to debunk common myths surrounding art appraisal, shedding light on the realities of this crucial aspect of the art world. Periodic re-appraisals ensure valuations stay current and accurate.
Provenance, the documented history of an artwork’s ownership, is a cornerstone of art appraisal that adds layers of significance to the valuation process. In this blog post, we delve into the crucial role of provenance and its impact on the appraisal of fine art.
As the sole heir of your parent’s estate, you may wonder if it’s even necessary to have their assets appraised. While you may assume that being the only beneficiary eliminates the need for an appraisal, there are several important reasons why obtaining a professional appraisal by an accredited appraiser is still essential.
This can be especially helpful if there is a desire to ensure the equitabledistribution of items to heirs. An appraiser can be consulted to provide valuations for items in the inventory, thus ensuring that the valuations are determined by a neutral party.
As an accredited art appraiser, I often hear from clients who arent sure if they need an appraisal for their artwork. Whether you inherited a painting, purchased a piece years ago, or are considering donating to a museum, there are many reasons why an appraisal might be necessary. What Is an Art Appraisal?
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