Butenhoff Fine Art & Appraisal

Insurance Scheduling
In order to assure proper coverage, an insurance appraisal provides the insurance company with an itemized schedule of fine art. Each article is identified, catalogued, photographed and assigned a Retail Replacement Value.

Damage / Loss Claim
In the event of a loss (i.e. fire, flood, etc.) or damage to an individual work or collection of fine art, a formal appraisal is necessary in order to determine the depreciated value of a damaged article or the value of the loss forming the settlement for an insurance claim.

Equitable Distribution
In the event of an equitable distribution (i.e. divorce, estate planning, business dissolution), an official appraisal of the articles to be disseminated is extremely useful in order to decide upon the basis for the division of personal property.

Estate
An itemized report is required by the IRS for substantial estates. An Estate Appraisal establishes the tax liability due to the IRS.

Non-Cash Charitable Contribution
The IRS requires formal documentation for the donation of any article of fine art exceeding a Fair Market Value of $5,000. The purpose of the appraisal is to determine the tax credit for the IRS.

Additional Services:

Art Advisory

Artist Representation

Brokering Services

Collection Management

Curatorial Services

Framing

Shipping & Handling

Fee
Our appraisal fee structure is determined by the amount of time spent during the examination appointment and projected research. Travel charges may be incurred if your appraisal is located outside our normal travel area. We have a one-hour minimum-billing rate for the examination appointment. For work to commence, it will be necessary for you to send the working agreement back to us with the required deposit.

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Hilary Harkness Mother Lode Photo courtesy of John Morrissey		APPRAISAL SERVICES Butenhoff Appraisal conducts various types of appraisals depending upon the expressed purpose of the report. All appraisals are written in accordance with the Uniform Standards of Professional Appraisal Practice as set forth by the Appraisal Foundation. Insurance Scheduling In order to assure proper coverage, an insurance appraisal provides the insurance company with an itemized schedule of fine art. Each article is identified, catalogued, photographed and assigned a Retail Replacement Value. Damage / Loss Claim In the event of a loss (i.e. fire, flood, etc.) or damage to an individual work or collection of fine art, a formal appraisal is necessary in order to determine the depreciated value of a damaged article or the value of the loss forming the settlement for an insurance claim. Equitable Distribution In the event of an equitable distribution (i.e. divorce, estate planning, business dissolution), an official appraisal of the articles to be disseminated is extremely useful in order to decide upon the basis for the division of personal property. Estate An itemized report is required by the IRS for substantial estates. An Estate Appraisal establishes the tax liability due to the IRS. Non-Cash Charitable Contribution The IRS requires formal documentation for the donation of any article of fine art exceeding a Fair Market Value of $5,000. The purpose of the appraisal is to determine the tax credit for the IRS. Additional Services: Art Advisory Artist Representation Brokering Services Collection Management Curatorial Services Framing Shipping & Handling Fee Our appraisal fee structure is determined by the amount of time spent during the examination appointment and projected research. Travel charges may be incurred if your appraisal is located outside our normal travel area. We have a one-hour minimum-billing rate for the examination appointment. For work to commence, it will be necessary for you to send the working agreement back to us with the required deposit.


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