What is the role of an appraiser in a collaborative divorce?
An appraiser plays an important role in a collaborative divorce in Delaware. An appraiser is an expert who is hired to provide an unbiased evaluation of certain assets during the divorce process. The appraiser is typically hired by one of the parties in the divorce and their findings are used in the overall negotiations. The appraiser’s job is to evaluate the fair market value of the asset or assets in question. This can include marital property such as homes, vehicles, artwork, investments, and furniture. The appraiser typically looks at the asset’s condition, age, and recent sales figures of similar items in the area. The appraiser can then present their findings and recommendations to the parties in order to help them reach a mutually agreeable settlement. The appraiser can also be asked to evaluate a business, if one of the spouses owns a business. In this case, the appraiser’s findings will be used to help determine the value of the business in order to divide it fairly between the spouses. The appraiser’s valuation does not actually determine the ownership of the assets. It is used to help the parties come to an agreement regarding the distribution of the assets. The appraiser is meant to be an unbiased third party who provides the parties with objective facts in order to make an informed decision.
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