Professional Standards and USPAP Compliance
Appraisal Reports often serve as a basis for legal actions such as insurance settlement, divorce, probate or charitable donation. As such appraisers must employ the highest standards of professional practice and comply with IRS regulations.
We adhere to the ethics rules and high standards of the American Society of Appraisers and Appraisal Foundation’s, Uniform Standards of Professional Appraisal Practice (USPAP).
Be prepared in the event of loss from fire, flood, or theft and protect your investment by scheduling your valuable art and antiques on your insurance policy. We provide detailed, illustrated and market-researched appraisal reports and maintain a copy in our office in the event of the loss of your original records.
Insurance Loss and Claims Assistance
We facilitate settlement of claims avoiding disputes, and we’ll work with your representative, art conservator or insurance company, by providing necessary reports or assisting at mediation or arbitration hearings.
Equitable Distribution, Marital Dissolution, Estate & Gift Taxes, Charitable Donation
Appraisals are often required for probate when the estate needs a cost basis for federal tax or planning purposes, or guidance for equitable distribution to beneficiaries. We work with executors, attorneys and private fiduciaries in a cost-effective manner to provide appraisal reports for settlement or reporting purposes and keep current on changing IRS appraisal regulations. Our reports are recognized and accepted by insurance companies, lending institutions, banks, courts and the Internal Revenue Service (IRS).
Expert Witness Testimony and Litigation Support
We each have more than 30 years of experience in litigation support, deposition and trial preparation and testimony. As experts in art and antique appraisal we have the knowledge to assist in all steps of the litigation process, although the majority of litigation support cases in which we’ve assisted attorneys never reach the courtroom due to well-prepared analyses and highly professional reports. Pamela Bensoussan holds the designation of FEWA’s Certified Forensic Litigation Consultant.
Appraisal Review and Management (ARM)
Pamela Bensoussan is accredited with the Appraisal Review and Management designation in Personal Property by the American Society of Appraisers. She is trained in the discipline’s methodology to review the work product of other Appraisers. This training assures users of appraisal reports, such as attorneys or professionals in the banking, insurance and investment industries, an unbiased review of the credibility and USPAP compliance of reports that are relied upon for important matters.