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The Importance of Getting Your Home Belongings Appraised: An Interview with Patricia Whiteside of Patricia L. Whiteside Inc. Appraisals Estate Specialists

By Patricia Whiteside

Tell us a little about your company and the services you offer.

Patricia L. Whiteside, Inc. Appraisals Estate Specialists has over 25 years' expertise appraising 5 Centuries of American & European Fine Art, Antiques & Personal Property. The firm is USPAP compliant to appraise one item or entire collections. The firm provides valuations for; Private, Corporate, Estate, Trusts & Museum Collections. The venues appraised: Replacement Value, Charitable Contribution and Fair Market Value-Liquidation Purposes.

What are the most common residential items that people are having appraised?

The residential items most frequently appraised are fine art, antiques & personal property

Why is it important to have these items appraised and how is the appraisal info typically used?

Appraisals are important to insure the proper valuation of fine art, antiques & personal property. Appraisals should be updated every three years. Appraisals are essential for Assets, Prenuptials, Insurance, and Charitable Contribution

What qualifications should a reliable appraiser have?

Appraisers should be USPAP Compliant. They should apply The Uniform Standards of Professional Appraisal Practices. They should also be a member of a designated Appraisal Organization

What happens if an antique, work of art or another item is appraised at a different value than the owner thinks it's worth?

An owner may have an idea of their Collections worth, however the Fine Art, Antiques & Personal Property market is constantly evolving. The market valuation changes usually every three years. The appraisal valuations may increase or decrease. Therefore, it is important to have collections appraised every three years.

Do you have any advice for people who have valuable belongings in their home that have not been appraised?

Our firm provides a consultation walk through to assist the owners regarding items requiring valuation as well as advise owners of items not requiring valuation.

What's the best way for people to contact you and your company?

Patricia L. Whiteside, Inc. Appraisals Estate Specialists has offices in Naples & Palm Beach, Fl. The firm appraises collections nationally or internationally. Please contact our firm for a confidential consultation. Website: www.appraisalsestatespecialists.com; Telephone: 561 820 0100; Palm Beach, Fl. 239 537 2000 Naples, Fl

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About The Author

Patricia Whiteside is a certified appraiser by Uniform Standards of Professional...

Phone: 239-537-2000

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