Tool Appraisal for Probate

5.0from 80+ client reviews

Tool appraisals for probate, prepared in accordance with USPAP. AppraiseItNow provides defensible valuations covering hand tools, power tools, and specialty trade collections to support smooth estate administration.

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DEFENSIBLE, USPAP-COMPLIANT TOOL APPRAISAL REPORTS — QUALIFIED FOR THE IRS, PROBATE COURTS, AND ESTATE ATTORNEYS.

  • IRS
  • United States Courts
  • Chase
  • Bank of America
  • State Farm
  • Goodwill Industries
  • Wells Fargo

The machinery and equipment team behind your fair market value appraisal

Between them, our machinery and equipment appraisers hold CAGA designations, and every report is written to USPAP for the IRS, probate courts, and estate attorneys.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Jason Dolph

Jason Dolph

Machinery & Equipment Appraiser

Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.

Marnie Erkelens

Marnie Erkelens

Vehicle Appraiser

CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • Fair market valueThe IRS definition of value that Form 706, probate courts, and gift tax filings apply
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

Tool Appraisals for Probate

When a decedent's estate includes tools, whether a hobbyist's hand tool collection or a tradesperson's full complement of power equipment, those assets must be valued at fair market value as of the date of death before the estate can be administered. Courts require documented, independent valuations to approve inventories, support stepped-up basis claims, and prevent disputes among beneficiaries. If the gross estate exceeds the federal exemption, the appraisal must also satisfy IRS requirements for Form 706. AppraiseItNow's equipment valuation practice covers tools of every kind, from everyday hand tools to specialized trade equipment and collectible vintage sets.

We deliver appraisals both online and onsite across the United States, accommodating executors who need a remote review based on photos and serial numbers as well as those who require an in-person inspection of a large or complex collection. Our probate appraisal services are handled by credentialed appraisers with direct experience in retrospective valuations and court-ready reporting.

Tools We Appraise for Probate Estates

AppraiseItNow appraises a wide range of tools that commonly appear in probate inventories, including:

  • Vintage and antique hand tools, including planes, chisels, braces, and levels from notable makers
  • Snap-on, Mac Tools, and other branded mechanic's tool sets with significant resale value
  • Woodworking equipment such as table saws, jointers, planers, and routers
  • Machinist tools including micrometers, calipers, lathes, and milling equipment
  • Electrician, plumber, and HVAC trade tool collections
  • Pneumatic and hydraulic tools including air compressors, impact wrenches, and jacks
  • Welding equipment such as MIG and TIG welders, plasma cutters, and associated accessories
  • Collectible or rare tools with documented provenance or limited production history
  • Large shop equipment including drill presses, band saws, and metal lathes
  • Mixed tool lots and garage collections requiring itemized inventory and aggregate valuation

How AppraiseItNow Handles Tool Appraisals for Probate

Our process and reporting are designed to meet the specific demands of probate proceedings:

  • Appraisers reconstruct the date-of-death market using comparable sales data from auctions, dealer records, and secondary marketplaces, producing a retrospective valuation that reflects conditions at the time of death rather than current prices
  • Each report includes itemized descriptions, condition assessments, the valuation methodology applied, and the appraiser's credentials, giving courts and the IRS the documentation they need to accept the findings without challenge
  • Remote appraisals are available for tool collections where the executor can provide clear photographs, serial numbers, and any existing purchase records or prior appraisals, making the process accessible regardless of where the estate is located
  • All appraisers are credentialed through recognized professional organizations including ISA, ASA, AAA, CAGA, AMEA, and NEBB, and every report is produced in full compliance with USPAP standards

What clients say we are known for

AppraiseItNow Reviews: “I highly recommend the AppraiseItNow team”

  1. Being the appraiser they come back to“I highly recommend the AppraiseItNow team” Julia P.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runs“They were responsive and timely from start to finish” Julia P.Mentioned in 34 reviews
  3. Showing the research and the comparables behind the number“They diligently researched both equipment items and provided well-documented reports” Bob H.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • I highly recommend the AppraiseItNow team. They were responsive and timely from start to finish, and the whole process was seamless. The final report was super detailed and gave me all the information I needed. I am so glad I hired them and would recommend them to anyone needing an appraisal!
    Julia P., Philadelphia, PA ·

    Technology Equipment Appraisal for Divorce

  • AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
    Bob H. , Dallas, TX ·

    Machinery & Equipment Appraisal

  • From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
    Chris S., San Clemente, CA ·
  • Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
    Curt B. , Washington, UT ·

Frequently Asked Questions on Tool Appraisals for Probate

How are a decedent's tools valued for probate?

At open-market fair market value as of the date of death, in as-is condition, following the standard in Treasury Regulation 20.2031-6. Replacement cost overstates the estate; the question the court cares about is what the tools would realistically have brought if sold on that date.

Do tools and equipment count toward small-estate limits?

Yes, and they can tip the outcome. Thresholds vary widely by state; Alaska, for instance, permits a small-estate affidavit covering up to $50,000 in personal property plus $100,000 in vehicles. A well-equipped shop can be the difference between a simplified procedure and full probate.

Do loans against equipment reduce the value reported to the court?

Not necessarily. Some states measure probate thresholds on gross values and others on net, and several instruct that personal property values not be reduced by liens at all. Assuming debts shrink the estate below the probate line is a frequent executor mistake with real procedural consequences.

How should valuable tools be presented on the probate inventory?

Itemized, with identifying detail and a market-based value, while ordinary hand tools can usually be grouped. Courts question round-number estimates for significant equipment, and disputes typically erupt when one party cites retail asking prices and another cites auction results without a documented source for either.