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Thursday, 10 October 2013 00:00

Valuation and Division of Property

One of the most contentious issues during a divorce or legal separation is the division of assets and debts.  When dividing property, the parties must place a value on the property prior to its division.  The “value” of an asset is the highest price on the date of valuation at which a seller would agree to sell and where a ready, willing, and able buyer would buy.[1] 

Several specific assets have a particular valuation method that attorneys, experts and courts use to value property.  Our office has found that the following are some of the most common assets subject to division:

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