The appraisal practice represents a separate business within the vertically integrated services offered through the firm. Appraisals are prepared for estate probate, family division, fair market value, collection assessment and identification.
Our appraisal services are utilized by the estate and trust divisions of Royal Bank, ScotiaTrust, Bank of Montreal, the Canadian Imperial Bank of Commerce, along with estate lawyers and administrators as part of their fiduciary responsibilities in settling an estate.
Personal property commonly appraised includes:
Antique and Period Furnishings
Porcelain and China
Jewelry and Timepieces
Collectables and Decorative Arts
Philatelic and Numismatic Collections
Ethnographic and Ethnological Articles
Fair Market Value Report
This type of report, also known as a cash value report, is primarily used for estate probate, equitable distribution among beneficiaries and marital division. Personal property values are based on current secondary market conditions.
Insurance Replacement Value Report
This is a more comprehensive report used to provide insurance companies with replacement cost values. Replacement values are based on the cost to replace an article with another article of comparable material, vintage and quality.
Expert Witness Testimony
We provide research, reports, analysis and consultation for court proceedings as they relate to our areas of expertise. Areas of specialty include period furnishings, antiques, fine art, assessment and investigation of insurance damage claims.
Service Fees and Professional Services
All appraisal reports are completed in accordance with recognized and accepted standards following USPAP guidelines and nomenclature. Our professionally bound appraisal reports include detailed article information, supporting research and photographic documentation.
The profile of each estate and collection is unique. A preliminary confidential exchange of information can be done by telephone or email. A visit and consultation at the residence will provide an estimate of the scope of work and cost of professional services for the client. Professional service fees are based on an hourly rate plus applicable taxes.