Estate Tax and Equitable Distribution Among Heirs appraisals are written at Fair Market Value.
“Fair market Value (FMV) is the price that a property would sell for on the open market. It is the price that would be agreed on between a willing buyer and a willing seller, with neither being required to act, and both having reasonable knowledge of the relevant facts.” IRS publication 561.
Comparable Auction sales are researched and analyzed based on their similarity to the items being appraised.
Nina Woolford is a Qualified Appraiser surpassing the IRS Publication 561 Revision 4/2007 requirements for an individual preparing tax related appraisals.
Appraisals are USPAP compliant (Uniform Standard of Professional Appraisal Practice), written to the more stringent requirements of the American Society of Appraiser and the International Society of Appraisers as self-contained reports.
Professional Jewelry Brokerage Service are available to assists Executors and family members in converting jewelry items into cash.