What Is It Worth?
An appraisal is a valuation of property provided by a professional appraiser, usually, for insurance purposes, tax verifications, to facilitate estate planning, or to settle legal disputes, among other reasons.iStuffSellers has a team of accredited appraisers with years of experience, dedication, and commitment who can appraise all art, jewelry, or antiques, from a single piece to an entire estate. Our qualified professionals are knowledgeable and experienced in providing valuations of furniture, fine arts, jewelry, decorative arts, and other valuables. Rest assured, and our appraisals comply with all ethical and performance standards of the American Society of Appraisers and the Uniform Standards of Professional Appraisal Practice.
Estate Planning & Probate
An accurate estimation of fair market value for possessions in estate planning and probate can help you determine the realistic asking price. Don’t rely on inexperienced or unreliable sources to price your estate’s property. Hire a professional. iStuffSellers has over 15 years of experience appraising items throughout Virginia, Maryland, and DC for estate planning and probating.
Insurance
Having your valuables professionally appraised and scheduled on your insurance policy can protect your investments from loss by theft, fire, flood, or other natural disasters. When items are damaged, appraisals can include replacement costs, restoration fees, and the revised value of the restored piece. A detailed assessment indicating replacement value will help you resolve casualty claims.
Donations
The IRS requires a qualified appraisal to determine the fair market value of all non-cash donations exceeding $5,000. Ensure that you get the correct pricing on your donation items to file your taxes correctly.
Damage Appraisal : To support making client whole when objects have been damaged in transit, fire, flooding, etc.
Loss Appraisal : To support making the client whole when there has been a complete property loss.
Casualty Loss Appraisal : To support a tax deduction for property loss with the IRS.
Liquidating Value : The value given to property that is sold or changes hands under forced or limiting conditions such as bankruptcy. It is provided for commercial and judicial purposes.