Inventory and Appraisal Reports
PROPERTY INVENTORY Our staff can prepare an inventory complete with photos when needed. This is often done if the estate has a contentious nature or if there are multiple heirs receiving property. Although not necessary, an inventory will often prevent problems with property theft and will assist you in the distribution of property in complex multi-heir estates.
We can provide the inventory in a PDF format making it simple to distribute to heirs who may be out of the area. An inventory is almost always done if heirs will receive the property. Appraised values are then assigned creating a formal estate appraisal. We charge an hourly fee for this service and cost will be commensurate with the size of the estate. Click here for an example of an inventory-appraisal report.
PERSONAL PROPERTY APPRAISAL Personal Property Appraisals are necessary for tax purposes to complete the estate process. We have done appraisals for Fine Art, Automobiles and Equipment, Antiques, Collectibles, Rare Books & Magazines, Ivory, Americana - you name it and we have likely appraised it.
If items are to be sold at auction an appraisal is redundant as the sale value will be used for tax purposes. However, items received by heirs or gifted to charities and institutions will require a Fair Market Value appraisal to finalize the estate tax returns. We also do appraisals for insurance purposes, bankruptcy, divorce, business settlements and other applications where valuation is necessary.
If real estate appraisals are required we can assist you in finding a professional appraiser and make that part of our proposal. E-mail us to schedule a no-obligation free consultation.
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Evergreen Real Estate and Auctions
612 N.Walnut
Bloomington, IN 47404
Phone: 812-335-1100
Fax: 812-330-2093
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