The Uniform Standards of Professional Appraisal Practice or USPAP is the generally recognized ethical and performance standards for the appraisal profession in the United States. It was authorized by Congress in 1989 and contains standards for appraisal disciplines, including real estate, personal property, business valuation, and mass appraisal.

Having an up-to-date appraisal ensures your valuables are properly insured in case of loss, theft, or damage. Without an accurate valuation, you may not receive the full amount needed to replace or recover your items. A professional appraisal provides the documentation your insurance company requires to make sure your coverage truly reflects the worth of your possessions.

Estate Planning and Distribution: When settling an estate or creating a trust, an informed valuation is essential. A TrueWorth appraiser can provide reports needed by executors, attorneys, or the IRS to properly distribute or document assets.

Donations and Charitable Contributions: If you’re donating items to a museum, non-profit, or institution, an IRS-qualified appraisal establishes fair market value so you can claim the appropriate tax deduction.

Buying or Selling: Knowing the true market value helps you make informed decisions when purchasing or selling valuable property—ensuring you’re not overpaying or underselling.

Legal Requirements: In legal matters such as bankruptcy, divorce, or litigation, an appraisal provides credible documentation of asset value for use in court or negotiations.

Equitable Distribution in Divorce: A fair, unbiased appraisal ensures equitable division of assets and supports transparency during the settlement process.

A virtual appraisal is a convenient option if you have a few items to be valued and prefer to submit photos rather than schedule an in-person visit. These appraisals are completely valid and professionally prepared; however, the report will include a note clarifying that the items were not examined in person.