Laura Dale & Associates, P.C.
Se Habla Español Nous Parlons Français
Call 713-574-7952 or 888-572-6059
888-572-6059

Are digital valuation tools reliable for appraising artwork?

If you and your spouse are going through a high-asset divorce in Texas, and if you acquired a significant amount of artwork during your marriage, you may want to know how you can ensure the divorce judge divides that artwork fairly between the two of you. While many people assume that the most reliable valuations come from humans, the NAEPC Journal of Estate and Tax Planning suggests that digital tools offer the most reliable results.

The Cincinnati appraiser of fine and decorative arts, collectibles and antiques who authored the study says that digital tools play a crucial role in the division, disposition and protection of tangible personal property during both divorce and estate planning. However, not all digital tools are created equal. You can ensure that the program you choose to use offers the most fair and accurate appraisal by checking to make sure it has certain characteristics.

First and foremost, the tools you use should facilitate record keeping specific to tangible personal property. It should also make record-keeping easy by offering the ability to scan invoices, store files, authenticate documents and pull up previous appraisals. Shared processing is also a must-have characteristic, as cloud tools can simplify the cataloging and sharing of benefits. For instance, with the right digital tools, you and your spouse can eliminate up to 90 percent of the back-and-forth deliberation that often accompanies the division of valuable objects.

Though the author of the report favors digital tools, she does suggest that the best digital tools grant easy access to actual specialist appraisers. These appraisers should be able to provide second options, squash misinformation and explain the valuation of an object transparently.

The information in this article is for educational purposes only. It should not be construed as legal advice.

No Comments

Leave a comment
Comment Information

Client Testimonials

  1. Laura Dale the best Family Law attorney I have ever met... Posted by John...Listens, takes your calls, tells you the truth (even when it may not be what you want to hear)... Read More

  2. The Best...Posted by a Child Custody client... Laura Dale handled my international child custody and divorce matter. I am an attorney in Houston and was referred to her... Read More

  3. A Meticulous, Knowledgeable, Attorney with Heart...Posted by a Child Custody client... Laura was not the first attorney that my husband and I interviewed for an extremely complex... Read More

  4. Top Notch, Hands Down - The Best...Posted by Tammi, a Child Custody client... Laura Dale has been absolutely the best attorney I could have found for my difficult child custody... Read More

Contact Our Experienced Team Today | Se habla español | Nous parlons français

Due to the experience our lawyers have in many specialized areas, you can rely on us to put together the right team to handle your case, even if it centers on complex issues such as international family law, business valuation or bankruptcy. Contact us today to make an appointment to discuss your needs with a knowledgeable lawyer.

Login to Client Portal

Laura Dale & Associates, P.C.
1800 Saint James Pl.
Suite 620
Houston, TX 77056

Toll Free: 888-572-6059
Phone: 713-574-7952
Fax: 713-600-1718
Houston Office Location

Review Us