About Appraisers and Insurance Agents

During the course of a divorce, assets divided. Prominent assets may be real estate property, a business, personal property and life insurance policies. Appraisers and insurance agents can help with this process; both types of professionals are paid on a commission basis.

In the case of your home, you will need an accurate appraisal which you can obtain from a Certified Real Estate Appraiser or by getting estimates from multiple real estate agents, each of whom would hope to secure your future business.

With respect to insurance issues, it is wise to reconfirm the value of any life, health, disability, property and business insurance you may have. Determine whether or not a fee is incurred if a specific policy is cashed in or surrendered and the ACTUAL cash value of such, especially in the case of a life insurance policy as that would be "marital property" to be divided via the actual divorce process. When dealing with auto insurance, be certain that you will be paying only to insure yourself (or an eligible child).