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Most people selling items on the secondary market who aren’t professional dealers or without access to the assistance of professional dealers will find it difficult to obtain retail prices in a sale, and can more realistically expect future sale prices to be closer to the Fair Market Value and Liquidation Value levels of the market.
Reasons of valuations for tangible property can include estate and probate purposes, equitabledistribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy. Appraisers may also assist with consulting and estate liquidation.
In this situation, a collection is likely to fall under the control of an executor who may choose to liquidate the collection altogether to allow for an equitabledistribution of assets. Having no estate plan in place is easily the worst scenario.
We also provide appraisals for insurance replacement, damage claim settlement, estate division and Trust matters, divorce and court-ordered equitabledistribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.
In this situation, a collection is likely to fall under the control of an executor who may choose to liquidate the collection altogether to allow for an equitabledistribution of assets. Having no estate plan in place is easily the worst scenario.
This valuation is crucial for various legal and financial purposes, including estate administration, taxes, equitabledistribution, and potential future transactions. 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.
We also provide appraisals for insurance replacement, damage claim settlement, estate division and Trust matters, divorce and court-ordered equitabledistribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.
We also provide appraisals for insurance replacement, damage claim settlement, estate division and Trust matters, divorce and court-ordered equitabledistribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.
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