Appraisal Request Form
Which Appraisal Do You Need?
Depending on whether you’re planning an estate, making a donation, or insuring a piece, the valuation approach, date, and reporting requirements differ. Below is a comparison.
| Aspect | Estate Planning | Donation | Insurance / Worth |
|---|---|---|---|
| Purpose | FMV for planning | FMV for tax deduction | Replacement or FMV for insurance / documentation |
| Standards | USPAP | USPAP + IRS qualified appraisal rules | USPAP (specify value type) |
| Effective Date | Planning date (or report date) | Date of gift | Current date or insurer date |
| IRS Filing | None | Form 8283 required when over thresholds | None |
| Intended Users | You, your advisors, heirs | Donor, IRS, donee | You, insurer |
Note: For donation appraisals, IRS rules require a qualified appraisal signed no more than 60 days before the gift. The valuation date must match the gift date.