CERTIFIED Estate Appraisals

CERTIFIED ESTATE APPRAISER ~ Art & Antiques

CERTIFIED Estate Appraisals ~ Artiques Appraisal Service

EQUITABLE DISTRIBUTION for ESTATES

Equitable distribution appraisals used for Estate Purposes require that accurate values be assigned to the individual items belonging to the Estate to ensure the fair division of property. Appraisers typically use what is called: "the self-contained appraisal report" for this function. Since, unfortunately, on occassion, this type of situation ends up in court, a self-contained appraisal is the format of choice. It includes all or most of the information that is usually needed for this type of situation.

The laws that govern the type of value in division of property vary from state to state. It is important for the Appraiser to know the appropriate value level to assign to the perosnal property items. Some of the types of value are: net Value, actual cash value, fair market value, or value in use. The Appraiser needs to confer with the Client and or their Attorney to determine which value level should be used.

ESTATE APPRAISALS

Settling an Estate can be an overwhelming job. Whether you are an heir or an assigned executor, you have been entrusted to carry out the wishes of the deceased. This is a task which carries much responsibility and fairness. Getting the job done accurately, swiftly and with sensitivity can be accomplished with the help of a Personal Property Appraiser. You can count on us to act quickly, fairly, and compassionately.

Attorneys, Accountants and Bank Trustees rely on our values when Estates,Divorces, Bankruptcies and other disputes require our appraisal work. We understand the needs of various parties involved. We work independently with a common goal of establishing a fair value on each item for all concerned. We provide Appraisal Reports that met the requirements of the courts and various agencies.

Settling an Estate usually requires an Appraisal to establish Fair Market Value (FMV) for the Personal Property belonging to the Estate. Often, the date of death differs from the date the appraisal is requested. We are familiar with the procedures and requirements necessary to perform a retrospective appraisal report with the effective date and FMV for the date of death. The ethics provision with the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

All too often, people do not fully appreciate the need and benefit of having a detailed Estate Appraisal Report. The Appraisal Report can help substantiate the values used in legal documents that are filed with the court and revenue authorities.

Opinions of value conclusions used in documents filed with the revenue authorities should be supported by a detailed explanation as to how the values were arrived at.This is included by the Appraiser and documented in our Appraisal Report. Such an Appraisal Report will certainly demonstrate to the authorities that the value conclusions used are well founded and substantiated.

The Professional Appraisal Report in hand gives the Executor of the Estate solid facts and figures to work with in meeting IRS and State Agency requirements. It helps the executor in their job of Equitable Distribution of Personal Property among family members and heirs; and assures peace of mind to everyone concerned. We will be there to stand with you in the event the Appraisal Report should be challenged.

CALL: 530.244.2100 We are here to answer your questions.

Whether you are an Attorney, an Executor of an Estate, or a bereaved Relative, you can trust ARTIQUES APPRAISAL SERVICE to step in following a death, and compile an ESTATE APPRAISAL of Personal Property, accurately and timely – and with sensitivity & compassion in regard to everyone involved.

Estate Tax Appraisals (Fair Market Value) give the heirs the opportunity to study the estate inventory, which properly describes and values each item of personal property belonging to the decedent, so they can decide how to distribute the items. It thereby facilitates the equitable distribution of the property to the heirs and helps alleviate the value questions & tensions that frequently arise in families during the settling of an estate.

Upon our FREE initial consultation, we will assess your Estate Appraisal needs and provide you with a written proposal of our fees up front, to ensure there are no suprises to you.