attorneyaustinmiller-blog - Tumblr blog

attorneyaustinmiller-blog · 5 years

Photo

Appraisal Of Personal Property When a marriage ends, the conjugal partnership or absolute community of property by the couple also ends. This means that there is a necessity to divide or separate all their properties depending on the existence of certain documents. For example, if there has been a pre-nuptial agreement between them, the said instrument can be a guide on how to go about the division of their properties. In the absence of the said contract, the properties may be divided based on the agreement of the parties. When the spouses cannot come into an agreement on how to go about the separation of their properties, the next thing that can be done is to seek the aid of the courts.

One class of the assets owned by a married couple that is hard to divide is the group of personal properties. Most of the time, the spouses do not properly account for these properties especially when they don’t see the divorce coming. Now that their marriage has finally come to an end, they already need to reveal all the personal properties in their possession in order to determine how to go about its division, as well as whether selling them is an option or not.

If you are involved in a case where there is a need to separate the conjugal properties that you and your ex acquired during the subsistence of your marriage, then it may be necessary to hire the services of an appraiser. A professional appraiser can help you give a reasonable valuation to your personal properties. As an effect, you will be able to sell the said assets, not at a loss, but at a gain. All you need to do is to look for a firm that is composed of highly effective and competent appraisers. Make sure that you only engage to those who can be trusted.

To make a better judgment, you can always ask the advice or assistance of your legal counsel who is representing you in the divorce case. At the same time, you can also mutually agree with your ex on how you can go about the selection process of the appraiser. Moreover, the opinions and recommendations of your friends may also come in handy during this time. Ask their suggestions if they have worked with credible appraisers in the past. This way, there is a guarantee that you will be able to select the right appraiser for your personal properties.

For legal advice, contact me today!

Attorney Austin Miller 250 E Wisconsin Ave #1830 Milwaukee, WI 53202 (414) 269-4884 http://attorneyaustinmiller.com/

Social Media: Facebook LinkedIn Twitter Pinterest Flickr

#divorce #lawyer #divorce lawyer #Milwaukee WI #Wisconsin #Milwaukee

1 note · View note