Firearms appraisal expert witness candidates typically have a background in forensic accounting or appraisal methodologies. The expert witness chosen often has a professional appraisal practice, and could be a member of an industry organization such as the Appraisers Association of America (AAA), the American Society of Appraisers (ASA), or the International Society of Appraisers (ISA).
An appraisal determines the present economic value, or fair market value, of an asset. There are many reasons for a gun appraisal assignment, such as for tax purposes, insurance, or litigation. Appraisal methodologies vary depending on the situation, and all appraisal models have limitations; a valuation requires assumptions and acumen. Therefore, outcomes will vary depending on the assumptions used. When selecting a firearm appraisal expert it is important to inquire about past appraisals and ask what models and assumptions were used.
Examples of appraisal matters that would require expertise and expert witness work include intellectual property matters (patent infringement or trade secret issues), family law (personal property asset valuation), business valuation (gun shop mergers and acquisitions, bankruptcy), product liability, and fraud. Litigation support by a professional firearms appraiser could include an appraisal report, appraisal review, expert opinion, and expert testimony in court. In a high-profile case, or litigation involving a significant financial stake, an attorney may request a testifying expert with prior experience. An appraisal expert witness needs to not only have expertise, but must possess the ability to explain technology to lay people, as well as withstand the scrutiny of a cross examination.
Whether the case involves:
Cahn Litigation Services has the skills and experience needed to identify the ideal expert witness for appraisal matters. The firm has an earned reputation for presenting candidates with just the right combination of expertise and testimony experience.
Please Note: All Cahn Litigation expert witness searches are customized to attorneys' precise specifications and preferences. Attorneys are encouraged to discuss search parameters with a Cahn search specialist.
The below expert witness bios represent a small fraction of those Firearms Appraisal experts known by Cahn Litigation Services. These bios are provided to give attorneys a sense of the Firearms Appraisal landscape.
This expert is President of an internationally recognized M&A consultancy specializing in the Appraisal/Valuation and liquidation of assets. This expert has appraised/valued numerous businesses and many types of Machinery & Equipment. Among others, this expert holds the following accreditations:
Master Certified Machinery & Equipment Appraiser
Certified Senior Business Analyst
Certified Firearms Appraiser
Examples of businesses this expert has valued for sale include:
This expert has a wide range of appraisal experience with emphasis in providing valuations for Internal Revenue Service (IRS) appraisal requirements, Financial Accounting Standards Board (FASB) requirements, bankruptcy appraisals, insurance appraisals, and casualty loss appraisals. This expert has provided both Restricted and Full Appraisal Reports, and has served as an expert witness being deposed and testifying in court.