Estate Appraisal

Need an appraisal for your estate? There are many reasons you and your family may want to have a formal appraisal completed for an estate. Depending on the circumstances and whether the estate is held in trust, going through probate or otherwise, it may be necessary to complete a formal appraisal. If you are preparing to sell items or donating items, it may be necessary for tax purposes. By conducting thorough research and documentation, we can help to safeguard the interests of all parties involved in the estate settlement process.

STEPS WE TAKE IN EVALUATING AN ESTATE

Initial Assessment and Inventory

We begin by conducting a thorough

inventory of all personal property within the estate. This can include items such as furniture, jewelry, artwork, collectibles, vehicles, and any other valuable possessions.

Market Research and Valuation

Initial Assessment and Inventory

In addition to our traditional estate sales, we also offer online sales for those who prefer to shop from the comfort of their own home. Browse our inventory and bid on your favorite items from anywhere in the world.

Documentation

Compliance with Tax Regulations

Next, we document our findings meticulously, noting down

descriptions, condition reports, photos and the basis for valuation. This documentation is crucial for providing a transparent and defensible appraisal

report.

Compliance with Tax Regulations

Appraisals for estates are often required for

tax purposes, especially for determining estate tax liabilities or for establishing a stepped-up basis for inherited property.

Top 3 Reasons To Have An Appraisal Completed

Beneficiaries: Appraisals help ensure fairness among family members or beneficiaries of the estate. By determining the value of each item objectively, potential disputes over inheritance can be minimized or avoided.
The loss of a loved one is a challenging time emotionally, and the appraisal process provides clarity and structure during this difficult period. Knowing the value of personal property can assist in making informed decisions about distribution or sale of assets.
Personal property appraisers bring professional expertise to the table, ensuring that the valuation process is conducted accurately and impartially. This expertise is especially valuable in handling unique or high-value items that require specialized knowledge.

Estate Appraisal

STEPS WE TAKE IN EVALUATING AN ESTATE

Initial Assessment and Inventory

Initial Assessment and Inventory

Initial Assessment and Inventory

Market Research and Valuation

Initial Assessment and Inventory

Initial Assessment and Inventory

Documentation

Compliance with Tax Regulations

Compliance with Tax Regulations

Compliance with Tax Regulations

Compliance with Tax Regulations

Compliance with Tax Regulations

Top 3 Reasons To Have An Appraisal Completed

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