Personal Property Appraisals – Residential Contents & Collections

Many homeowners and private individuals need appraisals on their personal property and  treasured heirlooms.

Insurance coverage:

Most insurance carriers will not cover antiques, fine art, and autographs, rare books, or collectibles without an appraisal.

What’s It Worth?:

It could be for your own use.  Perhaps you just want to know what your best pieces are worth, or maybe because you might want to sell it some day.

Corporate Asset Appraisals and Asset Management

Many corporations and private businesses have amassed assets held for enjoyment, investment, and historical significance. Whether it be paintings in the lobby, sculptures in the atrium, or private documents in the storage areas, these items need careful documentation and protection — just as surely as do products, financial records, and general equipment.

Public & Private Institutional and Museum Appraisals

We have a staff of qualified people to meet the needs of specialized and unusual circumstances within the institutional network. This includes: Machinery and equipment specialists, Book and document experts, and Generalists with a wide range of knowledge, and even those who can explore your microfiches or stacks piled high to the ceiling.

Government & IRS Appraisals

Many appraisals are needed for governmental functions.

These can include:

Estate Tax —

Fair Market Value for potential estate tax liability

Charitable Contribution

Donation appraisals require a Fair Market Value determination

Federal Casualty Loss

Items lost or damaged in disasters may need to be appraised in order to qualify for Federal Loss

Gift Tax

Some gifts may need to be appraised in to identify and prove the value of the gift.

The IRS has very specific guidelines on what they need and who can prepare  these appraisal.  National Appraisal Consultants Certified Appraisers are qualified and meet the specifications and strict requirements of the IRS.

Litigation Support & Expert Witness Services

The value of personal property is often in dispute. Appraisers are hired to provide correct valuation for the settlements of those disputes, including divorce, claims, eminent seizure, loss, or negligence and/or fraud. We have worked in high profile cases of significant interest (The United States versus Richard Nixon) and precedent setting actions over authenticity, origin, and value.

Additional Types of Appraisal Services!

Bankruptcy

Pre-Filing, Chapters 7, 11 or 13, Offering Guidance to Trustees

Insurance claims

Inspections, Reviews, Pre-Existing Damage, Repair and Restoration Costs, Replacement Costs, Actual Cash Value, Etc.

Insurance coverage

Homeowner’s Scheduled Fine Art & Antiques, Collectibles, Silver, Jewlery, Art–Including That Over $50,000, Etc.

Family division

Family Property Divided Before or After Death, Guardian Inventory, Division Among Children or Heirs, Possible Gifting, Etc.

Equitable Distribution / Charitable Contribution

Antique or Artwork Valued at Over $5000 and Claimed, Assistance with IRS #8283, Used Clothing & Household Furniture Over $500 Per Pension Protection Act, Etc.

Litigation support

Deposition Guidance, Expert Witness Testimony, Providing Questions to Ask regarding Personal Property Valuations, Review of Case, Etc.

Expert Witness Testimony

Specialist Professional Opinions of Value for All Areas of Personal Property Valuation Questions

Value Consultation

Formal Letters to Informal “Walk Thru” Service, If “You Just Want to Know”

Appraisal Theory & Methodology

Complex Questions Over Technical Jargon and Practice. It may make a difference.

Casualty loss

Hurricane, Fire, Theft Without Insurance, Make Proper Claims for Your Income Tax

Appraisal review

Not All Appraisals are Created Equal or Done to the Same Standard. Have One Reviewed.

USPAP (The Uniform Standards of Professional Practice) compliance issues

Is Your Appraisal USPAP Compliant?