If you are an administrator, executor, or representative of an estate, it is in your best interest to have the valuable personal property items appraised. These items may include art, antiques, furniture, and other valuable items. It is also best to have a formal, written appraisal by a qualified personal property appraiser.
This report will contain a written inventory with descriptions and photographs of the items and associated fair market values.
Here's what to expect:
• A qualified appraiser will be on-site in the home or business to appraise the personal property
• A formal, written appraisal in the form of a report, which includes a written inventory of the personal property with the approximate fair market values listed
• The report will comply to then current USPAP standards and requirements
Since 2002, Kurt Shaw & Co. has had experience in dealing with a variety of estate appraisals. Examples of clients include many law firms, accounting firms, financial planners, trust professionals, and individuals.