FREQUENTLY ASKED QUESTIONS

What functions do appraisals serve?

The intended use of an appraisal has an important impact on the value attributed to an object, or objects.  Appraisals may be prepared for a number of different reasons. 

 

These include the determination of values for the following purposes.

 

  • Insurance coverage or a casualty loss deduction

  • Loan collateral

  • Asset liquidation

  • Establishment of a value for a non-cash charitable contribution

  • Equitable distribution of assets

  • Possible sale under Fair Market conditions

  • Federal or state estate tax liabilities

CONTACT

JAMES T. HANLEY

New York       235 West 102nd Street, Unit 12 S

                        New York, NY 10025

Philadelphia  328 Spruce Street, Unit 2

                        Philadelphia, PA 19106

Telephone     (302) 383-2869

E-mail             Hanley.JamesT@gmail.com

Internet         https://www.jamesthanleyappraisals.com/

© 2017 by James T. Hanley.  All rights reserved.

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