When looking for an antique appraisal in Decatur, honesty matters. At Aardvark Antiques and Estate Liquidations, our team of professional appraisers supplies our clients with accurate and reliable appraisals for insurance purposes, distribution to heirs, selling purposes, asset distribution for divorces, estate tax liability, and estate executor liability. For whatever your appraisal needs may be, Aardvark Antiques and Estate Liquidation is there for you.
Many people think their homeowners insurance is enough to cover any antiques they own should something bad happen. Unfortunately they find out too late that’s not the case. Insurance will cover some of the cost, but has a limit as to how much it will pay for expensive items. And who’s to say you even had the items in the first place? That’s why documenting your items with an appraisal and insuring your item is the way to go.
Valuable items in your home that may require insuring range from antiques, furs, fine art, and books, to name a few. It is important to mention such items when applying for your homeowners insurance. Generally if an item is worth more than $1,000 or is irreplaceable, it is recommended to add a separate rider for such items. You’ll find this limit varies from company to company. Be sure you know where you and your valuables stand before it too late.
Aardvark Antiques and Estate Liquidators give many appraisals in Decatur for insurance purposes. We routinely provide professional appraisals in Decatur for fine art, antique furniture, silver, porcelain, memorabilia, vintage items, and collectibles.
For insurance appraisals in Decatur, we provide our clients with a formal appraisal written under the standards of the Uniform Standards of Professional Appraisal Practice that will be accepted by your insurance company. We can advise you on the best insurance coverage rates, ways to lower your premium and creative methods to protect you in case of theft. We take the hassle out of insuring your valuable items. We can work from property descriptions, purchase receipts, photos or home videos. Store appointments are available; home visits can also be easily arranged.
Did you know getting additional coverage for your valuables usually does not significantly increase your premium? Because of this, most insurance adjusters don’t consider it good business sense for them to include these items in your policy. Then when a theft occurs, you’re left having to verify you actually had the items in the first place. A long list of undocumented items is a red flag to insurance companies and is usually dismissed. Having your items appraised is the best way to have legal documentation that those items actually existed and where in your possession.
All of our antique appraisals are conducted by Charles Pharr Jr. (Mr. Aardvark) of Gainesville, Ga. with the help of a meticulous group of antique appraisers. We know the antique field is extremely broad. We don’t rely on the expertise of just one individual. We have a team of appraisers who have their own area of expertise when it comes to antiques. Collectively they possess a vast depth of knowledge.
Our professional antique appraisers are always adding to their wealth of knowledge by attending seminars and training classes. Also, we are active associate members of the International Society of Appraisers, (www.isa-appraisers.org), a federally-recognized organization dedicated to advancing the professionalism and effectiveness of personal property appraisers. At Aardvark Antiques and Estate Liquidations, we feel the more we learn, the better we serve you.
Appraisals in Decatur
One reason we are asked to perform so many appraisals in Decatur is because we are ethical. When we give you an appraisal or information on a piece, you can be sure we’ve thoroughly researched your item. And we will never mislead you. If we don’t know, we’ll tell you. We have established an outstanding reputation for uncompromising honesty, integrity, professionalism, and service.
Aardvark Antiques and Estate Liquidations offers professional appraisals of antiques and/or personal property by an accredited appraiser for insurance, estate liquidation, or antique value purposes. Why not hire us to provide complete, accurate, and reliable information at a reasonable hourly market rate?
Our services not only include appraisals in Decatur, but also appraisals for Atlanta and surrounding areas including Alpharetta, Buford, Cumming, Duluth, Norcross, and Sandy Springs. Please contact us for more information.
Deductions Over $500 But Not Over $5,000
If you claim a deduction over $500 but not over $5,000 for a noncash charitable contribution, you must have the acknowledgment and written records described under Deductions of At Least $250 But Not More Than $500. Your records must also include:
How you got the property, for example, by purchase, gift, bequest, inheritance, or exchange,
The approximate date you got the property or, if created, produced, or manufactured by or for you, the approximate date the property was substantially completed, and
The cost or other basis, and any adjustments to the basis, of property held less than 12 months and, if available, the cost or other basis of property held 12 months or more. This requirement, however, does not apply to publicly traded securities.
If you are not able to provide information on either the date you got the property or the cost basis of the property and you have a reasonable cause for not being able to provide this information, attach a statement of explanation to your return.
Deductions Over $5,000
If you claim a deduction of over $5,000 for a charitable contribution of one property item or a group of similar property items, you must have the acknowledgment and the written records described under Deductions Over $500 But Not Over $5,000. In figuring whether your deduction is over $5,000, combine your claimed deductions for all similar items donated to any charitable organization during the year.
Generally, you must also obtain a qualified written appraisal of the donated property from a qualified appraiser. See Deductions of More Than $5,000 in Publication 561 for more information.
Charles Pharr Jr. AAI/ISA
Aardvark Antiques.com
Isa-Appraisers.org