Appraisal Services

Why Do You Need An Appraisal?

First and foremost, it is important to understand that we all need appraisals for one reason or another. Although we don’t spend our time anticipating problems, losses or tragedy, we will have to face any or all of these events at some time in our lives. Appraising your Fine Art now will save you a great deal of work and stress should an appraisal be required in the future.

You need an appraisal in order to make informed decisions.

You will most likely need to submit an appraisal to your attorney in the event of a dispute.

You need an appraisal in order to respond to requests from insurance companies.

You need an appraisal to determine the proper amount of coverage you should carry.

You need an appraisal if you are considering the sale of art from your collection.

You need to understand how to interpret an appraisal if you are considering buying art for your collection.

You need an appraisal in order to ensure that you are paying accurate estate taxes.

You need an appraisal if you are in the process of divorce in order to determine the equitable distribution of assets.

You need an appraisal if you are going to give a gift or donate an item to a charitable foundation, museum, etc.

You need an appraisal because an appraisal is more than just a listing of items and prices. An appraisal is an important document prepared by a professional appraiser who can offer you the benefit of his or her experience. Appraisers do extensive research in preparation for written appraisal reports and are ethically bound by USPAP. If you think that you might need an appraisal, the chances are that you do!

Carol Curci, President of Sabbatique Ltd. is a Member of the Appraisers Association of America.