Attorneys, accountants, bankers and investment advisors request appraisals for a variety of purposes, including: divorce, estate tax preparation and distribution of assets. Here is a list of their most commonly requested reports:
- To value jewelry subject to federal estate tax
- To value jewelry in a divorce
- To receive a deduction for a casualty loss
- To provide collateral for a personal or business inventory loan
- To value inventory for liquidation, barter exchange or sale to another business
- To value gemstones held in certain retirement accounts
- To prepare testimony on various subjects
- To provide values for historical pricing of certain gemstones