Some Reasons Why You Need an Personal Property Appraisal

Business Evaluation Appraisal:

Machinery, Equipment, Goodwill
Values of tangible and intangible business assets
FMV - Fair Market Value for merging, loan request, raising capital, partnership or marital dissolution in Litigation or sale

Many clients are curious about the value, or how much your business may be worth in today's market. Most business owners do not know how to possibly value and price a business for sale; buying an existing business, research the possible market values before making an offer to purchase a business or a separation of partnership.  You will need a business or a company valuation for legal; partnership, estate, Revenue Canada tax or financial reasons.

Business Evaluation Appraisals, including machinery and equipment; client lists, logos, trademarks, inventory and Goodwill are included in a business evaluation or business appraisal. The appraisal is an all-inclusive business appraisal of tangible and intangible assets of the business and its potential to earn profits in the opinion of the evaluations of a business Appraisal Expert. If your company is not a public traded company, the business evaluation appraisal will require an Accredited Appraiser to compile the history of your company and apply the correct methodology that is compliant with government excepted rules and standards. If the business is being sold, acquired, merging, seeking a loan, raising capital, or is involved in the partnership or marital dissolution, a business evaluation appraisal will be desired by an Accredited Appraiser who is also an Expert Appraisal Witness.

If the purpose for your business appraisal (listed above) has the slightest chance of entering into litigation your business evaluation appraisal needs to be prepared by an Expert Appraisal Witness that is qualified by the court to irrefutability defend your business appraisal. Because the business evaluation appraisal is not a science, but an professional opinion of a qualified expert you must consider the Appraiser doing the business evaluation appraisal, and their expertise before choosing a Business Evaluation Appraiser.


Estate Probate Appraisal:

Probate - Proof of Wills
Equitable Distribution of assets
FMV - Fair Market Value for sale to 3rd party

Many clients are unaware that the Personal Property of an Estate must be inventoried and valued during the Probate process. This requires the services of a Certified and Accredited Personal Property Appraiser who must provide a value of the estate's contents as of the date of the descendants' death.

If this is not done in a timely fashion, the Estate may be rejected by the Provincial Court System. We are experienced in providing legal appraisals for the purposes of Estate Settlement and Probate and can assist you or your personal representative in their obligations involving Federal tax liability.


Financial Appraisal:


Divorce Appraisal:



Bankruptcy Appraisal of Assets:


Insurance Claim Appraisal:

Antiques, family heirlooms, art objects and collectable's can valuable assets. Unfortunately, most people rely on their homeowners insurance for protection against losses. Many are unaware that their policies usually exclude : Antiques, Coin Collections, Furs, and fine art objects.

To ensure complete Replacement Cost Coverage, you should have your Personal Property Appraised by a Certified and Accredited Appraiser. We specialize in providing Appraisals for purposes of Insurance Replacement often required in claims involving loss, moving damage, theft, damage or destruction from : fire, smoke or flood damage.

 



Charitable Donations Appraisal:


Bailiff Appraisal:

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  • APPRAISAL TYPES

  • Estate Planning Appraisal
    Financial Appraisal
    Divorce / Dissolution
    Bankruptcy Appraisal
    Insurance Claims
    Insurance Scheduling
    Probate Appraisal
    Trust & Estate
    Equitable Divisions
    Charitable Donations
    Gift Tax Exemptions
    Casualty & Disaster Loss Prenuptial Agreements
    Loan Collateral
    Expert Witness
    Litigation Support


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