Qualified Appraisals for gifts of all types of life insurance and commercial annuities
Completion of Form 8283
Insurance policy and company due diligence analysis for charitable donees
Annual Policy Review Service
The IRS requires the use of a qualified appraiser for charitable gifts of donated property with a fair market value of more than $5,000. We provide appraisals for all life insurance and annuity contracts as well as assistance with the required IRS Forms. For additional information regarding qualified appraisals and appraiser, please refer to Section 1.170A-13(c) and Form 8283 Instructions. Fee Schedule Notations:
Assumes all information listed on the insurance appraisal form has been provided.
Applies if two policies or more are appraised in the same tax year. The policies must be donated to the same charity by the same donor, although the insured and insurance companies involved do not need to be the same.
Average turnaround time is 5 to 8 business days. If an appraisal is required in 5 business days or less, a rush fee will apply, and includes normal overnight charges to the donor or charity.
Charities who receive a substantial number of insurance gifts each year may request an annual retainer account.