About Appraisers and Insurance Agents
During the course of a divorce, assets are naturally to be divided. Several prominent assets may be real estate property, a business, personal property, pensions, and life insurance policies. Appraisers and Insurance Agents are paid by flat fee or on a commission basis. In the case of your home, you will need an accurate appraisal. One such method would be to contract a Certified Real Estate Appraiser or by getting estimates from multiple Real Estate Agents, each of whom would hope to be securing your future business. In either case, the best would be those who are most familiar with your neighborhood.
With respect to insurance issues, it is never foolhardy to re-confirm 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’ certain 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 if applicable, an eligible child).
Resources & Tools
CERTIFIED FINANCIAL PLANNER (CFP) -- In the aftermath of a divorce, many couples avail themselves of the services of a Certified Financial Planner (CFP), an expert who meets the standards of the Certified Financial Planner Board (CFP Board).
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