What you need to know about Inheriting Art #estate #fineart #planning #appraisals #personalproperty #estatetax Here’s what you need to know about inheriting art: 1. Determine the value by hiring a qualified personal property appraiser 2. Get insurance to protect your inherited asset(s) - possibly under a special policy that insures at a higher amount and takes events like breakage into consideration 3. Understand the tax implications of your inheritance - i.e. the fair market