Independent, Professional Appraisal Services
Adams & Associates offers reliable appraisal services that are confidential. Recognized as appraisers for complex property cases, our reputation in the community continues after twenty-five years. Customized appraisal reports answer the value question stated by the client.
Trust & Estate Administrators
Estate Tax Appraisals
Provides documentation required to file the 706 in conformance with IRS guidelines to resolve a decedents' estate
Family Distribution of Assets
Provides information to assure the equitable distribution of assets in an estate
Legal Professionals
Testimony
Available in deposition, arbitration or trial for value matters involving personal property including jewelry, gemstones and residential contents
Litigation Support
Opinions rely on market sales analysis, which are the facts that support a value conclusion in deposition, arbitration and in trial.
Documents a value opinion for divorce, bankruptcy, estate, liquidation or loss and damage matters.
Consultation or review serves to answer questions about appraisal methods
Appraisal Consultation
Answer questions about the appraisal methods used to conclude value by an opposing appraiser
Appraisal Review
Including independent evaluation & value opinion of appraisal work conducted when disagreement exists about the conclusions advanced by another appraiser
Divorce Appraisals
Documents a current value opinion for jewelry and gemstones belonging to either or both parties in dissolution
Loss Appraisals
Documentation of current value for lost personal property appraised under a hypothetical condition
Previous appraisals and/or invoices or bills of sale are the basis of the reports. If paper documentation is lost, an in-depth conversation with the owner, supported by photographs becomes the basis of the valuation.
Damage Appraisals
Documentation of the current value for damaged personal property including the loss in value or diminution following repair
Liquidation Appraisals
Bankruptcy and the liquidation of business assets in dissolution are two reasons for a liquidation report. One consideration is the length of time required to dispose of the property.
Money Management Professionals
Insurance Replacement Value
Provides replacement value information to obtain insurance coverage on new or existing items
Casualty Loss
Characteristics of a lost or damaged items is estimated from records or the remains including an opinion of value in conformance with the guidelines of the IRS.
Donation Reports
Qualified appraisals for non cash charitable donations includes completion of Form 8283 for the tax filing
A donation above $5,000 requires an appraisal. The appraisal attaches to the filing when the value is above $500,000. Publication 561 found at www.irs.gov addresses the Determination of Value of Donated Property.
Litigation Support
An independent opinion of value in contested matters that assist in the resolution of differences
Our value opinions rely on the analysis of sales in the market, which are the facts that support a value conclusion in deposition, arbitration and in trial.
Private Individuals
Insurance Replacement
Provides information to obtain insurance coverage on new or existing jewelry items including essential details
Informs insurance company of the replacement value for an item
Estate Tax
If you are a personal representative in an estate matter, an appraisal communicates the value of property in the estate of the deceased. The information assists decisions about IRS tax liability.
Damage Reports
Address the degree of damage resulting from an incident
Additionally, reports on the diminution in value of an object following repairs. Damage appraisals arise from the response of an insurance company to a claim made by the owner of property.
Gem Identification
Verify the stone is what you believe it is
Donation Report
Qualified appraisals for non cash charitable donations — Includes completion of Form 8283 to accompany the tax filing
A donation above $5,000 requires an appraisal. The appraisal attaches to the filing when the value is above $500,000. Publication 561 found at www.irs.gov addresses the determination of value of donated property.
Customs Report
Documentation of ownership is the role of these reports to eliminate concerns from US Customs that you had ownership before you left the country to visit another. This primarily controls your responsibility for import duty on your own jewelry.
Insurance Professionals
Insurance Replacement
Timely, unbiased, accurate information addressing the quality of the property and its replacement value.
You experience confidence that your clients will receive professional independent opinions of value.
Damage Reports
Independent opinion of value to complete the settlement of a damage claim.
If diminution of value pertains, we address value loss including the cost to repair an item.
Litigation Support
Independent opinion of value
Opinions rely on market sales analysis, which are the facts that support a value conclusion in deposition, arbitration and in trial.
Personal Property Appraisers
Estate Appraisals
Charitable contributions and estate tax appraisals require qualified appraisers to perform quality appraisals. As specialists in gems and jewelry, we provide this expertise.
Fair Market Value Appraisals
Defined in the IRS Code, Civil Code of Procedure and case law, definitions are specific to the use of the appraisal in a particular venue.
Consultation
Our services include an informed opinion of the relevant markets where similar property sells. We will assist inspections to rank the quality of an object.
Litigation Support
We assist in matters of contention by using our certified, independent, gemological laboratory to test stones and materials.