Modern Divorce - putting a value on personal property in a divorce
What happens when a couple splits up and there's important - and valuable - personal property to divide? Can he keep the beat up, albeit classic car in the garage? Can she keep those paintings her great grandma collected? Well, that all depends on the value of those things.
Getting a good valuation and a catalog of all the personal belongings of a couple can put an end to quibbling and outright war between exes. In this podcast, family law attorney Billie Tarascio of Modern Law talks with Frederick A. Schertenlieb, of Estate Management Services on how the process works and why divorcing spouses may want to use it to value - and fairly divide - belongings that the spouses have accumulated during a marriage.