Estate Art Valuation​

Let me help you determine the value of your artworks for estate planning. 

I can provide you with written personal property appraisals of fine art, paintings, sculpture and photography, for insurance purposes, gift and estate planning, or charitable donation. I am certified by the Appraisers Association of America. For a flat fee, you will receive the necessary paperwork compliant with the Uniform Standards of Professional Appraisal Practice and the IRS.

If the value of a single work of art or a group of works classified as a “set” is clearly $5,000 or less, the IRS grants the owner considerable latitude to assign the item(s) a plausible fair market value. For any object or collection with a value in excess of $5,000, a qualified appraisal performed by a qualified appraiser such as myself is required. Detailed explanations of those terms can be found in IRS Publication 561.  Naturally, an appraisal completed by an expert who specializes in the medium and style of the particular piece of art will carry the most weight. It is for this reason, I am best suited to appraise American art from the 1900's to today. 

Don't Go Up Against the IRS Art Advisory Panel

You Don't Want To Be Referred to the IRS's Art Advisory Panel, a group of experts serving without compensation to assist the IRS in assessing fair market value. One way to avoid such a battle is to work with someone like myself experienced in writing IRS compliance valuation reports.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Elizabeth Moss Galleries | 251 US Route One,  Falmouth, ME 04105 | (207) 781-2620

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