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Valuation of Property

After property is identified, it must be valued and characterized. Proper valuation of property can make a huge difference to the outcome. Both assets and liabilities must be accounted for.

Personal Property includes items such as:

Assets
  • Real estate
  • Pension, retirement, profit sharing or ESOP plans
  • Retirement accounts (annuities, IRA, Keogh, 401K)
  • Stock Options
  • Securities (stocks and bonds)
  • Business, partnership, professional practices, shares in closely held corporations
  • Intellectual property
  • Cash accounts
  • Vehicles
  • Jewelry, antiques, art, collections
  • Furniture, appliances, personal belongings
  • Unsecured receivables
  • Life Insurance with cash surrender or loan value
Liabilities
  • Student Loans
  • Taxes due
  • Support Arrearages
  • Unsecured loans
  • Credit card debts

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Disclaimer/Copyright © 2003 Thomas M. Huguenor - San Diego family lawyer, California Divorce Lawyer, child custody attorney, property settlement lawyer, serving all of San Diego County and located in La Jolla, California. The information on this site is intended for informational and educational purposes only and should not be construed as legal advice. Board of Legal Specialization, State Bar of California. All rights reserved.