Types of Appraisals
MARKETABLE CASH VALUE APPRAISAL
This document is informational in nature, and typically serves the client by helping establish value in anticipation of purchasing or selling property or simply understanding the value of an item. It is also used to determine specific facts about an object such as maker, age, condition and country of origin.
CHARITABLE DONATION APPRAISAL
This document is used in establishing Fair Market Value for property intended for donation and subsequent Income Tax deduction. It includes certain forms required by the Internal Revenue Service, which we provide.
REPLACEMENT VALUE APPRAISAL
This document is used in valuing property in order to secure casualty insurance. Additional considerations are given for the effort and costs one might entail to replace an item if it is lost, stolen or otherwise becomes subject to a claim.
ESTATE TAX LIABILITY APPRAISAL
This document is used to establish Fair Market Value for inventories and appraisals submitted to the Internal Revenue Service for the purposes of Estate and Trust settlement. The preparation of these documents is directed by Internal Revenue Service regulations, and is often more complex than for other appraisals.
DAMAGE/LOSS CLAIM
This document is used in determining the present and possible future value effect of damage sustained by an object. It assists in resolving casualty insurance claims.
EQUITABLE DISTRIBUTION APPRAISAL
This document is used to establish Market or Fair Market Value for individuals intending to fairly divide Trust, Estate or other personal property. Uniformity in valuing the property is essential to achieving the intended goal. (Note: Fair Market Value differs from Marketable Cash Value in that it is intended for use in Federal Function Appraisals, and uses a different valuation basis).
