Appraisals and Valuation Services

Freeman’s Appraisals, LLC

Independent, Impartial, and Objective

Our mission is to provide appraisal and valuation services competently, efficiently, and cost effectively for our clients.

Freeman’s Appraisals has provided estate, professionals, and institutions comprehensive art services for over a century. These services include appraisals, valuations, expert witness, damage claims, depositions, and acquisition advice. As a result of our reputation, we have had the privilege of working with prominent family offices, estates, and collections from distinguished museums, institutions, corporations, and private individuals across the country.

Freeman’s Appraisals, LLC is an independent division of the firm, providing clients with independent, impartial, and objective appraisal services. The team provides professional appraisal reports prepared for estate tax, gift tax, insurance, charitable contribution, damage claim, collateral, probate, divorce settlement, and equitable distribution purposes.

Market Analysis for Precise, Accurate Valuation

Our respected and skilled team of certified appraisers tailors each appraisal to the collector and the collection by analyzing market trends and conducting comprehensive research. All members of the Freeman’s Appraisals team are IRS and USPAP (Uniform Standards of Professional Appraisal Practice) compliant. Our appraisers are up to date with USPAP courses and fulfill the IRS requirements for a qualified appraiser. Our appraisal reports also follow the USPAP standards and IRS requirements for all appraisals.

Advisory Services Tailored to the Individual

As a result of Freeman’s Appraisals’ reputation, we have had the privilege of working with prominent family offices, estates, and collections from distinguished museums, institutions, corporations, and private individuals across the country.

How the Appraisal Process Works

We are committed to making the appraisal process seamless, thoughtful, and transparent. Here’s what to expect:

Review

We invite you to share photographs, prior listings, or documentation in advance. We’ll then schedule a walkthrough of the property to assess the scope and discuss your goals.

Estimate

Based on your needs, we’ll provide a complimentary estimate outlining the projected cost and timeline. Once approved, we’ll send a formal appraisal agreement for your signature.

Schedule

We’ll coordinate a convenient date for an on-site visit. During this time, our certified appraisers will carefully examine, photograph, and catalog the relevant works or objects.

Research & Valuation

Our certified appraisers combine proprietary databases, auction results, and insight from trusted market specialists to determine fair market value or other standards as required.

Report

You’ll receive a draft of the appraisal report for review, followed by the final version upon approval. The final report will be delivered in accordance with the intended use and industry standards.

Professional Appraisal Services

Freeman’s offers a full range of professional appraisal and valuation services tailored to meet a diverse array of needs. Our expert appraisers possess extensive knowledge and experience, ensuring accurate and reliable valuations for a variety of purposes.

Below is an outline of the comprehensive appraisal services we provide:

• Estate Tax. Appraisals are crucial for accurately assessing the value of property within an estate, ensuring compliance with tax regulations and ensuring fair distribution to beneficiaries.

• Gift Tax. When gifting art, jewelry, collectibles and other items, a formal appraisal is necessary to establish its fair market value, which is essential for tax reporting and deductions.

• Donation. Donating valuables to charitable organizations requires a qualified appraisal to determine its deductible value.

• Financial Planning. Appraisals are an important part of financial planning, offering insight into the value of collections and aiding in wealth management strategies.

• Equitable Distribution – Heirs or Divorce. In cases of inheritance disputes or divorce proceedings, impartial and accurate appraisals are essential for fairly dividing assets.

• Insurance. Insuring valuable collections requires accurate appraisals to determine replacement costs and coverage amounts.

• Collateral. A valued possession can serve as collateral for a loan, requiring a professional appraisal to establish its value and suitability as security.

• Expert Witness Reports and Testimony. In legal disputes involving property, expert appraisal reports and testimony can be critical.

• Damage Claims. When valuable property is damaged, an appraisal is necessary to determine the extent of the loss in value and to support insurance claims.

• Loss of Value. Appraisals can also assess losses in value due to factors other than physical damage, such as changes in market conditions or authenticity questions.

• Broad Evidence Appraisal Reports. These comprehensive appraisal reports use a variety of valuation methods and data points to reach a thoroughly supported value determination.

• Appraisal Reviews. We offer independent reviews of existing appraisals to verify their accuracy and methodology.

• Inventory Reports. Cataloging and appraising an entire collection requires detailed inventory reports.