What is the role of an appraiser in a collaborative divorce?
An appraiser plays a key role in a collaborative divorce in Washington. They are responsible for assessing the value of any assets or liabilities. This includes any marital property or debt, such as a home, car, business, stocks, investments, retirement accounts, bank accounts, etc. The appraiser is an independent third-party who is not acting on behalf of either party in the divorce. They are neutral and unbiased and use their expertise to calculate a fair price. Their evaluation will be an important factor in the negotiation process, as the proper value of assets and liabilities is needed to Equitably divide the marital property. Before the process begins, the appraiser will work with both parties to determine the scope of the evaluation and timeline. They may need access to documents, as well as review any records or evidence provided by the parties. The appraiser will then use this information to assess the property’s value and calculate its estimated worth. Once their evaluation is complete, the appraiser will provide the parties with a written report, which will include their findings and recommendations. This documentation will help inform the settlement agreement and can help the parties reach a resolution that is fair and reasonable.
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