Stories
Interview with Damion Del Corsano, Brightway Insurance Agency Owner
Our newest blog series, featuring local insurance professional Damion Del Corsano.
Lynn Magnusson Speaks With Design NJ Magazine In Latest Article
Design NJ just published a story on appraising inherited antiques, citing Lynn Magnusson, ASA, AAA! Read the full article, "Not Just Any Old Thing," here.
Paintings Undervalued by $1.77 Million in Estate Tax Case
If the IRS determines that you gave them a misleading appraisal report, expect to pay. In Estate of Kollsman v. Commissioner, the Tax Court found that the evaluation used for the Estate's taxes was off by $1.77 Million. What went wrong?
Appraisal Story: The Painting Behind the Piano
I’ve learned an important fact in my years as an appraiser: Expect the Unexpected!A few years ago, I found myself in the home of a new client...
Do You Know What You Own?
How do you determine what your household contents are worth in the current marketplace? Most people assume their homeowner's insurance covers what they own, but they do so without a basic grasp of their collection.
It's Old! How Age Affects Your Valuables
In almost every phone call that comes into my office, there is someone on the other line interested in the price of something “old.” This is what you need to know about age & personal property.
When To Keep Art Solely As An "Investment"
“My dad swears that the vintage lithograph he gave me as a birthday gift 5 years ago will be worth millions one day. I hate it, but should I keep it just in case?”
Appraiser Story: When Your Storage Unit Contents Disappear Into A Dumpster
Sometimes being an appraiser is a bit like being a detective. This week, Lynn recounts her experience in front of a judge and jury before testifying about her appraisal for items she had never seen. What did she do?