EAC was awarded a Machinery & Equipment contract for the purpose of divorce. We calculated a fair value of the equipment after an inspection of the facility.
‣ Industry: Tobacco
‣ Standard of Value: Fair Value
The Need for an Equipment Appraisal
During a divorce marital assets are classified under the same manner as personal assets. When the value of eqipment is needed parties need to be selective on their choice of an appraiser. An appraiser should be certified and perform the appraisal under the Uniform Standards of Professional Appraisal Practice (USPAP). An appraisal done without these requirements is not looked upon favorably in the courts eyes. The calculated fair value will be utilized in dividing the assets between the two parties.
An experienced appraiser can offer a defensible appraisal at a fee typically at a fraction of the overall marital assets. EAC possesses over 40 years of experience in the equipment appraisal industry to deliver a defensible appraisal.