APPRAISAL PRACTICE SERVICES
Appraisal Services Offered
TOTAL ESTATE SOLUTIONS team of USPAP compliant appraisers provide objective, independent, and confidential personal property appraisals with a concierge touch. Our services are designed to cater to each client’s unique needs, ensuring accurate and reliable valuations.
(donation) $5,000+
IRS Estate Tax, Fair Market Value (FMV)
Providing comprehensive IRS (USPAP) compliant appraisal reports to support estate planning and estate tax filling needs. If you are in need of an estate personal property appraisal large or small, look no further. Additionally, our appraisal reports aid heirs and beneficiaries in the decision-making process, especially with the division of estate property. Appraisals are carefully crafted to meet the needs of the estate or collection. During our onsite visit all items are carefully inspected, fully described, photographed and valued. Lower valued general contents are grouped. The report displaying items indexed by room, category, and aggregate values.
Insurance Inventory, Coverage, and Updates
Total Estate Solutions delivers unbiased and independent insurance appraisal reports to adequately cover you from potential loss. Providing Inventory and values for insurance coverage reflecting the entire cost of replacing an item/s if an unexpected loss does occur. A Scheduled list, usually called an endorsement for your homeowner's insurance policy, for extended coverage for items listed. Don’t rely on your insurance company; submit an itemized schedule to your insurance company for peace of mind and assurance in case an unexpected loss does occur.
Have an insurance appraisal that needs updating? Contact Total Estate Solutions if you’re your appraisal needs to be reviewed; you may be over or underinsured. We often update and make necessary changes to insurance appraisals in place with your insurance carrier/broker. By offering a wide range of categories and specialties, you are sure to get the Total Estate Solutions appraisal experience.
Insurance Damage & Loss
If tragedy strikes with an unexpected loss such as fire, theft, or accidental damage. We can help ascertain real world values post-loss, assisting with a damage claim appraisal. Our clients are typically the property owner and occasionally the insurance carrier and/or broker.
Non-Cash Charitable Contribution (Donation)
Providing IRS qualified appraisals for non-cash donations valued at and over $5000.00 per appraisal. Total Estate Solutions knows the intricacies of IRS appraisal submissions; specific requirements for the appraiser, report format, as well as filling out IRS form 8283. Prior to a report, Total Estate Solutions often communicates with the institution or charity to confirm the acceptance of a donation and the item's purpose within the organization as it relates to the IRS ‘related use’ rule. Otherwise, your donation is limited to a lessor cost basis. Be rest assured, we have a whole checklist for non-cash charitable donation appraisals.
Equitable Distribution/Asset Division
Providing fair market value and marketable cash value appraisals. When you need to divide or distribute assets such as fine art, antiques, jewelry, luxury goods, watches, and other categories among heirs, partners, or spouses. A Total Estate Solutions appraisals aids in the division, distribution and/or the sale of the personal property assets.
Inventory/Valuation
Do you know what you own? Providing a collection and estate inventory valuation service. Helps outline all the items in a collection or home with a description, location, image, & market value. Critical in understanding what items or collections you have. Great reference for living estates or heirs to understand what is in your collection.
Trusts and Estates
Expert appraisals a top priority for trusts and estates. Total Estate Solutions offers comprehensive fair market value appraisals tailored for the needs of each estate or collection. Geared to estate executors, trustees, fiduciaries, advisors, attorneys, heirs, & beneficiaries. Providing IRS compliant appraisal reports to support estate planning and estate tax filling needs. If you are in need of an estate personal property appraisal, large or small, look no further. Additionally, our appraisal reports aid heirs and beneficiaries in the decision-making process, especially with the division of estate property. During our onsite visit all items are carefully inspected, fully described, photographed and valued. Lower valued general contents are grouped. The report displaying appraised items indexed by room, category, and aggregate values. Review our specialty categories list located under ‘Other Services’. All appraisal reports are USPAP compliant.
What's It Worth?
A valuation service: Offering affordable informal valuations. Click Here to view details
Other Services
Authentication - Authenticating service for Fine and Decorative art. Mainly artist driven.
Advisory/Consultant - Assist in providing unbiased information and data for you to make an objective decision.
Video/visual inventory - A video/visual walk-through outlining all the items in a collection or home.
List of specialty categories -
- 20th and 21st Century Art and Design
- Mid-century modern
- Post-war and contemporary fine art, prints and multiples
- Antiques- 18th, 19th, 20th, and 21st century American, English, European, Chinese, and Japanese
- Asian fine and decorative arts- Chinese and Japanese
- Carpets and tapestries- Persian, Caucasian, Chinese, Belgian, and French
- Porcelain, Glass and ceramics- 19th, 20th, and 21st century American, English, European, Chinese, and Japanese
- Decorative Art & design
- American, English, and European Furniture - 19th, 20th, and 21st century
- French- ‘Bell Epoque’ period specialist
- Lamps and lighting – Late 19th, 20th, 21st century
- Garden furnishings, statuary and decorative pieces
- Jewelry and timepieces -
- Silver objects- 19th, 20th, and 21st century American, English, European, Chinese, and Japanese
- Objects de Vertu
- Drawings – 18th, 19th, 20th, and 21st century
- Musical Instruments – Pianos, guitars, violins, other strings, woodwind & brass wind. Collector horns and rotary valve Instruments from the 19th and early 20th century
- Automaton and musical machines
- American coins
- Precious metals- Gold and silver
- Russian - silver, decorative, and fine art
- Residential and general contents: For everyday utilitarian items, furnishings, decorative accessories, and appliances
- Hoarder houses and situations
Appraisal Fees
Competitively billed at an hourly rate of $195.00 per appraiser of onsite time. $95 per hour of offsite time, typically for research, document preparation, photo editing, consultants, other related services. Travel charges may apply. All charges and expenditures must be agreed upon to start and /or during assignment.
Service Areas
We are located in Knoxville, Tennessee. Servicing East, Middle and West Tennessee on a regular basis. Distance is no issue within the continental USA. Contact us.