A plan built on today's numbers.
Trusts get funded, gifts get made, and shares get equalized against the value of the collection, and the collection is usually the least documented asset in the plan. Cove prepares current, evidenced values for the planning table, and qualified appraisals when a gift requires one.
Old numbers make old plans.
A plan drafted around values from five years ago quietly stops describing reality: a trust funded unevenly, a gifting strategy sized wrong, an equalization that no longer equalizes. The fix is not more drafting. It is current numbers.
Fair Market Value, current.
Planning runs on Fair Market Value: what each work would change hands for today. Every number in a Cove report shows the comparable sales behind it.
When a gift needs an appraisal.
Significant gifts of art and other property are reported to the IRS, and a qualified appraisal is what substantiates the value on the gift tax return. Cove prepares it to the same standard as its donation work.
Equal shares need real numbers.
Dividing a collection among heirs, or balancing it against other assets, only works if the values are true. Guesses become grievances a generation later.
Numbers your attorney can draft on.
Current values for the planning table, and qualified appraisals prepared to USPAP standards when a filing requires one, by an appraiser who meets the Internal Revenue Service definition of a qualified appraiser.
The whole collection, valued.
Current, evidenced values across everything the plan touches, so trusts, gifts, and shares are sized against reality.
Qualified appraisals on demand.
When a gift or transfer requires substantiation, the qualified appraisal is prepared inside the required windows, with the evidence attached.
A plan that stays current.
The collection stays monitored in the living record. When values move enough to change the plan, you and your advisors hear about it, before the next revision cycle.
Cove prepares the values and the appraisals. Cove does not provide tax or legal advice: your attorney and accountant design the plan, working from numbers built to answer their questions.
Planning now is a gift to whoever comes next.
Every estate is eventually settled. The difference between a hard settlement and a manageable one is usually documentation: whether the executor inherits a record or a mystery.
A collection planned in Cove hands the next generation everything: the record, the values, the evidence, and the stories, in your own voice. That is the second door, working as intended.
Appraisals for what comes next.
Tell us about the plan.
Where the planning stands, what the collection holds, and who is at the table. We will confirm what the plan needs and quote the engagement. From $100 per piece, scaling with volume.
Thank you.
A member of the Cove team will be in touch shortly.