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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.
All appraisal reports written in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) have to include identification of the level of the market the appraised values are set in and the effective date of the valuation.
Whether you need a quick valuation for possible re-sale of your items, or you are looking for a more in-depth assessment for insurance or estate planning purposes, discovering a professional nearby is crucial. An appraisal can help in the equitabledistribution of assets among heirs. Examination. Estate settlement.
Policies vary from insurance company to insurance company, but generally, there are limitations to homeowners' or renters' insurance that are important to keep in mind if you happen to own items of exceptional value. Equitabledistribution. The estate does not pay this tax, the heir does.
Location of important papers, including: investment accounts, insurancepolicies, bank accounts, passwords, etc. This can be especially helpful if there is a desire to ensure the equitabledistribution of items to heirs.
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