Personal Property Appraisals for Alternative Asset Classes: Finding Cash in Family Heirlooms
Who should take this course?
Financial advisors, CPAs, insurance professionals and agents, attorneys, retirement plan advisors, investment advisers, estate planners, wealth planners, etc.
None. Any interest level or professional may attend.
Current approvals include: National Association of State Boards of Accountancy (NASBA), Certified Financial Planner (CFP®), Certified Investment Management Analyst® (CIMA)
Students will learn how to identify appraisers and the need for appraisals. Students will gain an understanding of the various types of appraisals, when they are necessary, how to identify a reputable and educated appraiser, and how to integrate appraisals for use in the planning of clients’ retirement and estate needs. Students will learn methods to assist clients and deal with these emotionally charged objects collected over a lifetime. Heirs, millennials and family members will be discussed in the concept of how personal property appraisals are a necessity and a planning aide.
An overview of the fundamental methods of obtaining appraisals for the alternative asset class of art, antiques, and collectibles. Learn how to spot a reputable appraiser, when do your clients need appraisals, what are the different types of appraisals, how do appraisals serve clients in gaining a better understanding of their financial plan and long term savings. Appraisals of many objects will be discussed including art, antiques, collectibles, memorabilia, stamps and coins, sports collectibles, etc. This course will focus on realizing value through objects and how cash can be found in wanted and unwanted family heirlooms. Discussion with clients and heirs will be a minor focus of this course.