When undergoing divorce mediation, it’s important to appraise valuable personal property, just like real estate. The total value of your personal property can significantly impact your asset division. Appraisals ensure a fair division and help protect items from future damage.
Personal Property and Fair Division
While you might not own a multi-million dollar antique collection, you deserve a fair share of all marital assets, regardless of who paid for them. A thorough appraisal of these assets is essential for a fair division during your divorce mediation in California.
Appreciating Antiques Over Depreciating Assets
Consider your future financial stability. Antiques can appreciate over time, whereas cars depreciate. Divorce experts often suggest prioritizing antiques over cars. Remember, most divorce lawyers lack expertise in appraising antiques, so a professional appraisal is crucial.
Appraisal Process
The appraisal process includes agreeing to the terms, completing the necessary forms, and submitting item photos. Partial payment might be required upfront for the services.
Professional Appraisal and Legal Assistance
Orange County divorce attorneys in California collaborate with professional appraisers to evaluate clients’ assets accurately. They ensure appraisers have the proper educational background to provide current and correct values for collectibles, art, and antiques, ensuring an easy divorce mediation process.
Utilizing professional online divorce mediation services can simplify and streamline your divorce, ensuring all assets are fairly evaluated and divided.
Gerald A. Maggio is a trained Orange County divorce mediator who has amicably resolved cases many cases out of court, as well as an experienced divorce and family law attorney. Mr. Maggio founded California Divorce Mediators in 2012 with the belief that although “not every marriage can be saved, every family can” and a mission to save families from the financial and emotional distress associated with traditional divorce litigation. California Divorce Mediators is located in Irvine, California, and serves the Orange County area and other counties in California offering divorce mediation, child custody mediation and mediation of other family law matters.
