We're proud to announce that Ashley Nunneley has achieved the Accredited Member designation with the International Society of Appraisers!
This ensures that she continues to be considered a Qualified Appraiser who has demonstrated essential methodology knowledge in her chosen field: Antiques, Furnishings and Decorative Arts. She completed the intensive specialty course for her field, passed the exam with over 90% proficiency, and received the stamp of approval from her peer reviewed appraisal report.
The IRS defines “qualified appraiser” as an individual who’s earned an appraisal designation from a recognized professional appraisal organization, such as the International Society of Appraisers or has met certain minimum education and experience requirements. Ashley has fulfilled all of the following:
Classroom hours (120) in appraisal theory, practice, ethics and methodology and area(s) of appraisal specialization
Uniform Standards of Professional Appraisal Practice Foundation Course (15 hours), with 7 hour update courses every two years (recently, February, 2018)
30 semester credit hours from an accredited college or university.
700 hours appraisal research, development and writing experience
1,800 hours of market-related experience (at least 900 of which are in the appraiser’s area of specialization)
4,500 hours of market-related personal property, non-appraisal experience in area(s) of specialization, or an equivalent combination of market-related personal property appraisal experience and market-related, non-appraisal experience in area(s) of the appraiser’s specialization based on a minimum ratio of one year to two and a half years.
Peer reviewed appraisal assignment:
Present personal property methodology proficiency work product for analysis and approval by an ISA peer group review panel made up of members from the Antiques, Furnishings, and Decorative Arts pathway.
Seventy hours every five years, which must include at least 20 hours valuation theory-related coursework
Seven hours of a USPAP Update Course every two years or 15 hours of a USPAP Update Course every five years.
According the Internal Revenue Service, the appraiser must: Regularly prepare appraisals for which the individual is paid; Demonstrate verifiable education and experience in valuing the type of property being appraised; Not have been prohibited from practicing before the IRS under IRC Section 330(c) at any time during the 3-year period ending on the date of the appraisal; and Not be an excluded individual (someone who’s the donor or recipient of the property).
Are you looking for a qualified appraiser? We offer well documented appraisal reports for the intended uses of:
Charitable Contribution (donation appraisals)
Equitable Distribution (division among heirs and beneficiaries)
Estate Tax (for filing with tax return)
Initial Insurance Coverage
Insurance Claims (fire loss, damage claims)
Liquidation (determining market value for decision making or sale)
Proudly serving (since 2012):
Families and beneficiaries
Seniors in transition
Estate Administrators, Fiduciaries, Executors, Trustees
Ready to learn more about our appraisal services? Call Ashley Nunneley at (916) 833-4678, or email NunneleyEstates@gmail.com to request a copy of our fee schedule and schedule your appointment.