What is the role of an appraiser in a collaborative divorce?

In a collaborative divorce in New York, an appraiser plays a vital role in determining the value of assets and liabilities. An appraiser is an independent third-party who is hired to objectively evaluate assets and liabilities in a divorce. The appraiser should be knowledgeable about the types of assets and liabilities being appraised and understand the applicable rules and laws in New York. The appraiser is responsible for accurately assessing the fair market value of assets and liabilities. This includes conducting inspections of the property, gathering research, analyzing tax implications, and making financial projections. The appraiser must also take into account the contributions made by both parties during the marriage to ensure an equitable division of assets. The appraiser will typically work with both parties and their attorneys to ensure that all parties involved in the divorce are satisfied with the appraiser’s assessment. They are often needed to provide testimony in court regarding the value of the assets and liabilities. Additionally, the appraiser may need to provide expert testimony in court regarding the value of the assets and liabilities. In conclusion, an appraiser plays an important role in a collaborative divorce in New York. They are responsible for objectively assessing the value of assets and liabilities in a divorce and ensuring an equitable division of assets. The appraiser must be knowledgeable about applicable laws and provide testimony in court regarding the value of the assets and liabilities.

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What is the role of an appraiser in a collaborative divorce?

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