ED Affidavit - How do you Value? Classic Cars?


#1

I am faced with filling out the financial affidavit for a ED conference in july.

Fortunately we have no Credit Card debt, or investments like stock or 401K or retirement to divide…

unfortunately he is a back yard mechanic who picks up cheap cars and flips them for profit. AND owns a number of classic cars.

How do i put a value on the stuff? he has a 1964 Pontiac Gran prix, 1964 Ford Pickup, 1972 Chevelle… etc… in various states of assembly or condition.
plus multiple other vehicles.

I had a list of the vehicles on the porperty when we separated, but i have NO clue if he still has any of them…


#2

You can estimate values as you believe them to be, if the value is disputed, you can seek an appraisal of the items.