We specialize in the following types of appraisals:
Charitable Donation Appraisals
Charitable donation appraisals are used to determine the appropriate amount for Federal tax deductions. Minnick Appraisal Service prepares Fair Market Value appraisals in accordance with requirements of the IRS and regulations of the Treasury Department, including IRS Form 8238. The goal is to write an appraisal that meets the requirements of IRS auditors or the IRS Art Advisory Panel. See Credentials for a list of institutions that are beneficiaries of clients for whom Margaret Minnick has written the appraisals.
Estate appraisals aid personal representatives, accountants and attorneys in determining estate tax liability. Minnick Appraisal Serves prepares Fair Market Value estate appraisals in accordance with Federal Treasury Regulations and Internal Revenue Service guidelines.
Insurance appraisals help the client determine the appropriate level of insurance coverage to protect against fire, theft or other disasters. Insurance appraisals determine Replacement Cost and include written descriptions and photographs intended to facilitate settlements in the event of claims.
Equitable Distribution Appraisals
Equitable distribution appraisals assign appropriate values to facilitate fair division of property in divorces and business dissolutions. These appraisals include comparable works in the market to provide transparency and clarity to aid dispute resolution.
Minnick Appraisal Service can assist clients with placing works in the auction market or consignment with the most appropriate local dealers. Margaret Minnick can offer suggestions for the best match for your needs.