Heather said: >Just a brief idea: the method of valuation depends on the purpose. >If you were setting a value to something for insurance, that would >different from estimating what to charge for a commission, etc. It >seems to me (but IANAL) that in the context of a divorce, the key >question is "what is the liquidatable value of this property?"
Spoken like finance professional. Also, Kathy, you are selling used clothing, and not your time & effort. As Heather says, that would be considered in the replacement cost of each item. During your term of ownership, you've used up some portion of the original value of each of these assets. What you are recouping now is the, unfortunately termed, "salvage value" of the items. No one has mentioned this side: If you are trying to value these costumes and keep them, then you'd certainly want to price them as used, low value, unsaleable items for purposes of sharing out the assets of the marriage. --cin Cynthia Barnes [EMAIL PROTECTED] _______________________________________________ h-costume mailing list [email protected] http://mail.indra.com/mailman/listinfo/h-costume
