Why You Might Need An Appraisal

An appraisal is a legal document as important as a will, and is the only way to accurately describe and value your property. A properly prepared appraisal by a certified, accredited appraiser will include a value conclusion that will clarify questions of property value under any circumstance.

There are many reasons you might need an appraisal. Below are some of the more common.

An appraisal determines replacement value, provides protection in the event of loss, and assists in establishing proper insurance coverage for household effects, antiques, fine art, silver, jewelry, etc.

Clarify questions of property value.
Facilitate the disposition of estate tax reporting requirements.
Assist heirs with distribution/de-accessioning property.

Estate Planning:
Assist financial planners and related professionals in establishing clients net worth.
Be used for judicious estate planning.

Divorce/Property Division:
Assist attorneys and their clients in matters of equitable distribution for divorce or dissolution of marriage. Corporate uses in this category include mergers/acquisitions, and loan collateral.

Tax Loss (Bankruptcy):
Establish and document values for claiming a loss.

Liquidation of Personal Property:
Establish values before selling.

Determine value and create documentation for tax purpose.

Loan Collateral:
Establish values for business loans based on collateral.

Damage or Loss:
Determine loss of value on damaged items and replacement value on lost items.

Price Confirmation:
Determine if the "antique" you own is truly authentic or if it is a reproduction and how valuable it is.

Establish values before selling.


Headquartered in Asheville, NC, we serve businesses, professionals, and the general public in Western NC, Upstate SC, and Eastern Tennessee.