(845) 876-8168 info@rbkantq.com

APPRAISALS

We offer Free Verbal Appraisals   

How This Works: If you have inherited an heirloom from a deceased relative, simply come to the South Florida Antique Buyers office (by appointment only) in Vero Beach and we would be happy assist you further.

You will be greeted by one of the friendly members of our staff who will then direct you to an experienced staff appraiser. The appraiser will thoroughly research your possessions and determine an accurate market value. Using many years of experience, dealer networking and extensive research you are guaranteed an accurate and timely appraisal. Come in visit with us today.

Insurance

This appraisal will provide the necessary documentation to substantiate the existence, condition and replacement value of your belongings.

Estate/Donation

Cataloging all items providing an appraisal that meets IRS requirements but without the level of detail normally provided for an insurance appraisal.

Pre-Move

Substantiates the existence and replacement value of your possessions and provides the information needed to purchase additional insurance for your move.

Equitable Distribution

Distributing property in divorce settlements, antiques and family heirlooms among their children or to distribute items to beneficiaries of an estate.

Equitable Distribution Appraisals

Equitable Distribution Appraisals, which are based on fair market value, are often used for distributing property in divorce settlements. These appraisals can also serve clients wishing to distribute antiques and family heirlooms among their children or to distribute items to beneficiaries of an estate.

Appraisals are a necessity in today’s complex and complicated world.

Situations that an Equitable Distribution Appraisal is necessary:

♦ verifying values for scheduling replacement or loss for insurance
♦ valuing for property settlement due to divorce
♦ settling estates for taxes, equitable distribution, or liquidation
♦ documenting donations for charities and IRS verification
♦ documenting support for trusts with a comprehensive inventory appraisal added
♦ if you would like to add a gift into a trust or will

Insurance Appraisals

The insurance appraisal is an important way to protect your investment in personal property such as furniture, antiques, porcelain, silver, paintings and collectibles. This appraisal will provide the necessary documentation to substantiate the existence, condition and replacement value of your belongings. It is prudent to have an update done every 3 to 5 years or ahead of any pending household move to insure values accurately reflect the cost of replacing these items in the current market.

pipes-1008898_1920When thinking about your insurance needs you may want to check with your insurance company on the following points:

1.  Do they limit the contents of your home to a percent of the total value of your home.

2. Do they limit the amount they will pay for theft of valuable items such as silver, crystal, guns, stamps or historical documents.

3.  Do they replace your items at replacement value or do they pay you actual cash value on your personal property items.


It is important to talk to your insurance agent in order to make sure that you clearly understand how you will be compensated if something does happen to the items in your home

Estate/Donation Appraisals

Sometimes it is necessary to value an estate for tax reasons. When this is the case, the executor should consider using a certified appraiser for this purpose. A knowledgeable appraiser will seek to efficiently catalog all items providing an appraisal that meets IRS requirements but without the level of detail normally provided for an insurance appraisal. Donation Appraisals are generally required by the IRS for an item or a group of similar items of donated property which total more than $5,000. You must get a qualified appraisal by a qualified appraiser and attach Section B of 4823 to your tax return. For more information on Donations you can refer to tax publication 561 or talk to your tax adviser. Insurance companies, tax authorities, attorneys and the courts prefer the values and analysis of a Certified Appraiser given the level of education, testing and experience they are required to have. Our appraisal reports fully meet all USPAP (Uniform Standards of Professional Appraisal Practice) standards as well as all federal and state documentary requirements.

Pre-Move Appraisals

nos29It is very important for consumers to understand the limited level of protection for damage or loss that can apply to moves unless a proper insurance policy is taken. A pre-move appraisal can be helpful in two ways: it can substantiate the existence and replacement value of your expensive possessions and secondly, it provides the information needed to purchase additional insurance for your move.

Moving companies will offer you a Valuation Program instead of a traditional insurance policy. Valuation is not insurance but instead a tariff level of motor carrier liability. If you want insurance you must provide that for yourself by contacting an insurance company.

Most moving companies have two types of Valuation Programs:

Released Rate Liability.

This is the basic coverage provided to you during a move. Under this program the maximum liability for damage or loss to any article in the shipment is 60 cents multiplied by the weight of the article. This is usually the standard protection that a moving company must provide at no additional charge. In this instance, depreciation does apply but there is no deductible and no added cost to the customer.

Learn More

Full Value Coverage.

Under this plan the moving company can either repair the item to the extent necessary to restore it to the same condition as it was when it was received by the moving company or replace it with an item of like kind and quality or pay for the cost of such a replacement. An additional charge is required for this option and it is usually up to the moving company to determine a settlement if something is damaged or lost. A deductible may apply with this type of coverage.

Learn More

Contact Us for your free appraisal

Pin It on Pinterest

Share This
error: Content is protected !!
logo-clear-head only

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!