Many divorce proceedings require the appraisal of spousal property to assist in the equitable distribution settlement. Most are familiar with the need and procedures for any real estate being valued, but are usually uninformed of the process and practice of having the personal property appraised as well. This becomes an even more sensitive subject since personal property involves personal feelings, sentiment, and attachments, and often disagreements about the property values. In these circumstances, it is important to find a professional, unbiased, and impartial professional appraiser who can value the property according to the correct standards in the appropriate jurisdiction.
Occasionally, one of the partners is also a collector of art, sports memorabilia or numismatic coins, etc., and the other partner doesn't know or understand the collection.
Our expertise is to determine the Fair Market Value of the personal property items so that the values can be properly accounted for and distributed equitably in divorce proceedings.
We are often hired by lawyers or directly by one of the partners.