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Services:

     Mitchem Arts provides personal property valuation services and expert testimony for attorneys, corporations, insurance companies, and private clients.

 

Our services include valuations for:

Asset acquisition, management and disposition

Charitable contribution in conformance with IRS requirements

Collection inventory and documentation

Estate planning and equitable distribution

Estate taxation in conformance with all IRS requirements

Expert testimony

Insurance loss and damage

Insurance scheduling

Property division

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Media appraised include:

Paintings

Sculptures

Works on paper

Prints

Photographs

New media, including digital and time-based media

Installations

Site-specific artworks

 

     All appraisals conform to the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation and the Code of Ethics of the American Society of Appraisers, as well as all appropriate Federal and state laws and regulations. The appraisal report is a confidential financial document, and Mitchem Arts is committed to safeguarding client confidentiality.

 

     The American Society of Appraisers has a mandatory recertification program for all of its Accredited Senior Appraisers, and we are in compliance with this program.

 

 

Fees:

     Fees for a personal property appraisal are dependent on type of assignment, and are most often billed hourly. In conformance with the Uniform Standards of Professional Appraisal Practice, fees are not based upon a percentage of value nor are fees contingent upon the development or reporting of a predetermined value or the attainment of a stipulated result.

 

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