Type of Value: Fair Market Value

Use Case: Appraisals are an essential element in Estate planning, particularly when an estate includes art or collectibles. Depending on the total value, an individual’s assets may be subject to valuation review at the time of death. Accurate reporting assists fair and equal legacy planning and inheritance.

Appraisal Bureau regularly issues reports for Tax & Estate purposes. As we are a data and analytics firm, we have no association to or participation in sales – our reports are always neutral.

Recommendations: Be prepared by having your assets appraised before an event that may require a report (such as death or divorce). We offer a subscription for updated reporting at your preferred frequency.