Sell This, Not That: How to Manage an Estate Sale | Personal

How to Appraise furniture?

Historical Furniture / June 21, 2020

Image result for buying antiquesGlazier Appraisals specializes in appraising furniture, artwork, china, all households goods in respect to settling an estate or matrimonial (divorce) situations. We also provide appraisals for charitable donations and insurance purposes.

Our main appraiser Dan Glazier, has been appraising, buying and selling furniture, antiques, china, collectables and household goods for over 25+ years. Dan has been a certified personal property appraiser with the Canada Personal Property Appraisers Group since 2000.

Settling an estate can be a very stressful job. As an executor you have been entrusted to carry out the wishes of the estate as swiftly and exactly as possible. Going through a divorce is also very stressful. Having a professional appraisal from one of our certified appraisers helps all parties involved steer through these emotional and stressful times.

Lawyers, accountants and beneficiaries rely on our values when calculating values for estates, divorces, or other disputes requiring a value being placed on furniture, artwork, collectables, china etc. We understand their needs and are used to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts, provincial and federal governments as well as various agencies.

Image result for antiques appraisalSettling an estate in Ontario requires an appraisal to establish Fair Market Value. Often, the date of death differs from the date the appraisal is requested. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of death.

With a divorce or matrimonial situation we are familiar with providing Fair Market Values from the date of separation. Often, this date can be several months or some situations years from the date the appraisal is requested.

Opinions of value used in documents filed with the revenue authorities should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well founded and substantiated.

Having a professional appraisal gives the executor solid facts and figures to work with in meeting Canadian requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is challenged.