If you and your Stockton spouse own a number of high valued items, like artwork or antiques, and you decide to call it quits on your marriage, you will have to assign value to these valuable items so that your property division is as fair as possible. Many California couples find they need the help of a professional to evaluate their possessions, which generally involves looking for an appraiser.
According to the Huffington Post, people can go to their local antique shop or consult an antique collector to valuate their possessions. It is also possible to go online to find appraisers who will examine your possessions based on photos and descriptions that you provide. However, for a reliable valuation, it is best to seek out a professionally certified appraiser. These appraisers can be found listed as a part of a professional appraising organization such as the American Society of Appraisers or the Appraisers Association of America.
People should beware of appraisers who do not meet certain ethical standards. An appraiser should be a fair and impartial evaluator of your material items. If the appraiser offers to buy an object from you, it is hard to have confidence in the appraised price, since the appraiser could be lowering the value on purpose to get a smaller price out of you for the item. Also, avoid an appraiser who requests a fee that is derived from the percentage of your item’s value.
You also want to be sure that your appraiser specializes in the kind of items you want appraised. To take one example, an appraiser who handles works of art might not know how to properly valuate an old musical instrument. The major appraising organizations break down their members by their specialty, so it should be possible to narrow down appraiser candidates to those that are more likely to give you an informed price.
This information is not intended to provide legal counsel for your situation. Due to the variety of issues divorcing couples may face with valuating high priced items, this article is only written to provide California residents general information on high asset divorces.