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The Divorce Encyclopedia
Inventory and Appraisement


Term Definition Inventory and Appraisement - a listing and valuation of property owned by both parties seeking a divorce.
Application in Divorce Depending upon the size and value of the marital estate, an inventory and appraisement can become very complicated and expensive, particularly when the estate includes a family business and items of intangible value, such as art collections.

Very often the spouses dispute the value, and in some cases the origin, of property subject to inventory and appraisement.

See also Active and Passive Appreciation; Active and Passive Asset; Fair Market Value and Fair Value.

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