Historical Research Group has provided appraisal, research, and preservation services to both public and private clients since 2000. We have conducted appraisals from Southern Wisconsin to Virginia; performed archival research from the Library of Congress Reading Room to local historical societies and digitally preserved 140+ year old Civil War letters. Since 2000 we have grown rapidly, and with the help of specialized firms throughout North America we can service your needs throughout the Midwest.
Historical Research Group is proud to be trusted by discerning clientele including Private Collectors, Corporations, Cultural Institutions, Individuals, Museums, Insurance Carriers, Law Firms and Family Offices. We are a preferred service vendor for many major insurance carriers servicing private or aspiring collectors within their private client group and family offices. In addition, we are a reputable resource for many law firms handling estate planning and divorce appraisals.
We all have a story to tell. Perhaps it is yours, a relative, company or your museum. Historical Research group can help. Our team can create historical content for museums and site. We can find and synthesis your family story and we can develop a narrative history for your company's next gathering or your non-profits next anneversary.
Please contact us if you cannot find an answer to your question.
There are a number of reasons to have your antiques, collectables and fine art appraised, from simple curiosity to complex estate management. Perhaps one of the most important reasons is for insurance purposes. Most homeowner’s policies do not fully cover the cost of your antiques, jewelry and fine art. It may be necessary to insure these valuables on a separate policy…in order to adequately insure these pieces, you must know how much they are worth. If you are donating one of your pieces to a charity, the IRS will require a professional appraisal on all items exceeding $5,000. Professional appraisals can also help with divorce settlements, estate planning and probate. If you are planning on disbursing or building a collection, it is wise to know the value of the pieces you own.
Did you know that most insurance companies will not cover you if you do not have proof of ownership for many high value items? By getting an appraisal done, you safeguard your fine jewelry, artwork, and memorabilia from any denied homeowners or renter’s insurance claim. The only way to ensure that you are covered would be to discuss your homeowner or insurance policy with your agent.
You may be covered for only basic items, with higher insurance plans available for those looking to protect higher valued goods. Discussing your options, such as having multiple policies in place, may be beneficial for you. You can speak with our appraiser for insight on what common antiques people appraise for insurance reasons.
A divorce appraisal is a professional property valuation typically ordered by the court or a family law attorney. This type of appraisal is used to assess the value of a piece of property, whether it's a marital residence, business, or another type of asset. The appraisal should be conducted by a qualified, independent appraiser who understands the divorce process and the specific needs of the case. The appraisal should include market values of comparable properties in the area, an opinion of the fair market value of the subject property, and the appraiser's professional conclusion. The report should also take into account any pertinent features and potential liabilities of the property that could impact the value.
Generally, the appraised value of a property serves as a point of reference for a court to decide how much each spouse is entitled to in a settlement. This process helps to ensure a fair and equitable division of assets. In addition to helping make a court’s decision, a divorce appraisal is also an important tool for informing both involved parties as to the estimated value of the property, so that they can make decisions that are in their best interests.
When a loved one or family member dies, there is much to do at a time when emotions run close to the surface. If a large estate is involved, one of the things you may need to do is file an estate tax return, and the exemption for 2020 filings is $11.58 million. If you do, you will probably need an estate tax appraisal.
Federal estate tax returns are required when the fair market value of the real and personal property included in the estate exceeds the annually established unified credit exemption. The exemption for 2019 filings is $11,400,000. If that exemption level is exceeded, IRS Form 706 – U.S. Estate and Generation Skipping Transfer Tax Return must be filed. The personal property included in the estate is recorded on Schedule F – Miscellaneous Property and based on a written appraisal provided by a certified appraiser.
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