APPRAISALS
Spalding Nix is available by appointment to appraise fine art, antiques & collectibles for clients who need to establish:
- INSURANCE or REPLACEMENT VALUE in case of loss or damage.
- FAIR MARKET VALUE for tax and estate planning, divorce settlements, equitable distribution of assets, or to meet IRS guidelines for tax deductible charitable contributions.
- INFORMATIONAL or MARKETABLE CASH VALUE for possible purchase, collateral loan purposes, or in the event of a forced sale.
Spalding Nix is an Associate Member of the
American Society of Appraisers (ASA). The ASA specializes in the appraisal of Personal Property and is recognized by both
The Appraisal Foundation and The North American Conference of Appraisal Organizations.
Spalding Nix's appraisals conform to the standards of the Uniform Standards of Professional Appraisal Practice established by the Appraisal Foundation as well as the technical and ethical requirements of ASA.
When is an
APPRAISAL NECESSARY?
Insurance: To determine the Replacement Value, most commonly at retail, of an object in order to correctly provide for insurance coverage.
Charitable Contributions: To determine the Fair Market Value of an object given to an accepting organization or institution in order to aid in establishing the donor's income tax deduction.
Estate Taxes & Planning: To determine the Fair Market Value of an object in connection with the preparation of estate tax returns, or to assist in estate planning, &/or in the distribution of assets.
Divorce & Property Division: To determine the Fair Market Value of an object in order to assist in the equitable distribution of property that is jointly owned by individuals, business associates, or corporations that may be changing ownership.
Loss &/or Damage Claims: To determine the Replacement Value of an object lost or damaged &/or the amount, if any, of any loss in value as a result of the damage. Utilized to aid or facilitate claims settlements.
Please contact
Spalding Nix at (404) 841-7777 to schedule an appointment.