Valuing Furniture, Jewelry, Collectibles.....

Avatar for sweettartnacho
iVillage Member
Registered: 01-18-2006
Valuing Furniture, Jewelry, Collectibles.....
Thu, 09-13-2012 - 3:39pm

 Filling out the basics....

I have NO idea how to value    our furniture (I have many more family pieces than he does),     my jewelry - do I over or underestimate?  collectibles?

advice on those?




iVillage Member
Registered: 11-28-1999
Thu, 09-13-2012 - 11:28pm

Are you talking about filling out the financial statement for a divorce?  I assume that you would keep your own jewelry--try to estimate the accurate value, neither under or over.  What kind of collections are you talking about?  Art work?  Antiques?  Stamps or coins?  These kind of things can be appraised but that costs money--does either of you really want that collecton more than the other?  Can you split it up?  As far as furniture, just try to split it up--if it's a family heirloom, the person whose family it came from should keep it.  As a divorce lawyer, I find that in most cases, the people don't really argue over stuff like this.  And I hate it.  I ask people whether it's financially wise to pay me $250/hr (and the other party to pay his laywer too) to argue over something that's not worth much money.