VALUATION OF ASSETS
Legal Help with the Valuation of Complex Assets
North Kingstown Property Settlement Attorney
A lot of divorces get bogged down in arguments over the division of marital assets . This is especially true with large marital estates or when complex assets are involved, like art or collections or investment portfolios.
Before you spend even one minute arguing over the division of marital property, be sure you have accurate information about the true value of the asset. Without an accurate valuation of a complex asset, you are simply wasting your time.
North Kingston property settlement attorney Kerry I. Rafanelli has decades of experiencing helping clients with complex property division in Rhode Island divorce cases. He has worked with business auditors and business valuators , real estate appraisers and pension appraisers, art and antique appraisers. If you have questions about how a particular asset should be valued, call Kerry Rafanelli at 401-398-8388 or contact our law office online to schedule a consultation.
Present day value, not the price you paid
You may remember the price you paid for that car, rare stamp, painting or piece of sports memorabilia, but price is not the same as value. The value of an item is what someone who knows the value of an item would pay for it today. That may be more – or less – than you paid for it initially. An appraiser will look at similar items that have sold recently, as well as the quality of your item, before giving an opinion about the current value.
Dividing a pension and other retirement assets
A pension is, in most cases, a divisible asset in divorce, but the division may not be 50/50. Did the pension earner have ownership of the pension before the marriage began? If so, the other spouse will likely be entitled only to half the increase in value of the portion of the pension earned during the marriage.
Protecting your financial interests in complex assets
If you will need expert assistance with a valuation, Mr. Rafanelli can refer you to appraisers and valuators who can help. Call Kerry Rafanelli, Attorney at Law at 401-398-8388 to schedule an appointment.
Providence family law attorney
Kerry I. Rafanelli
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Kerry Rafanelli,
Attorney At Law
OUR ADDRESS:
Kerry I Rafanelli, Attorney at Law
670 Main Street, Suite C-4
East Greenwich, RI 02818
PHONE NO.
401-398-8388
FAX NO.
401-398-8399
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all questions
Frequently
Asked Questions
Consult an experienced Rhode Island divorce attorney for answers to your questions. Call Kerry I. Rafanelli, Attorney at Law, at 401-398-8388 or contact us online to schedule your consultation at our East Greenwich law office.
Should I retain a lawyer if my fiancé's attorney has already drawn up a prenuptial agreement?
Both parties to a prenuptial agreement should be represented so that you can feel confident that the contract is fair to you.
Am I considered the parent once my adoption of a child is finalized?
At the completion of your adoption, you acquire all the rights and responsibilities of a parent–including making important childrearing decisions and providing your child with financial support. Your child gains all the rights as your natural children would have involving inheritance, immigration, government benefits and healthcare coverage.
Am I entitled to visitation rights as soon as I affirm my paternity of my child?
In most cases, you are entitled to visitation with your child, but you must file a petition with the court requesting visitation.
Am I entitled to child support as soon as the father's paternity is positively affirmed?
You are entitled to financial support from the father, but you must file a petition with the court requesting child support. You may be entitled to support from previous years as well.
What is the difference between guardianship and adoption?
Adoptive parents acquire all the rights of natural parents. Guardians have legal and physical custody, but are not considered the parents of the child and must periodically appear before the court to give updates on the child’s status. In some cases, the birth parents may retain their parental rights.
Is my former spouse permitted to move my child to another state?
A custodial parent must petition the court to relocate with your child to another state. You can object to the move and present evidence at a court hearing.
What does the court consider in relocation cases?
The court considers what is in the best interest of your child — including financial advantages of the move, educational opportunities, the existence of extended family in both locations, the nature of the child’s relationship with each parent, and the logistics of visitation with the noncustodial parent.
How can I learn more about family law?
Call Kerry I. Rafanelli, Attorney at Law or contact us online to schedule your no-obligation, free consultation and get the answers to all of your family law questions.