Divorce, need value help!

[4570Man]

fill the cylinders with oil and have it appraised as 'stuck motor'. Remember that she gets only 1/2 of only what was acquired after you rented her, and that you both get to keep any inherited money, stuff, tractors, or gold fish.

What? Unless there’s a prenup it doesn’t work that way.

 

[airbiscuit]

Not Responsible for the content of this photo.

 

[rockinmywaypa]

What? Unless there’s a prenup it doesn’t work that way.

thats the way it worked for me. Each deducted what they brought to the marriage and then she got half of whatever increase in value there was after we got married. funny thing was I asked the lawyer what if there had been a loss over that time and I was told the woman never pays in that case.

 

[4570Man]

funny thing was I asked the lawyer what if there had been a loss over that time and I was told the woman never pays in that case.

Of course not. Men get screwed over in divorces.

 

[LD1]

thats the way it worked for me. Each deducted what they brought to the marriage and then she got half of whatever increase in value there was after we got married. funny thing was I asked the lawyer what if there had been a loss over that time and I was told the woman never pays in that case.

I think it has to do with the length of the marriage. A week after you get married.... she certainly aint entitled to half of what you own.....30 years later she certainly IS. Im not a lawyer, so I dont know the length of time required.

AS to the OP and the tractor value...Not many good comps for sale out there. So its tough.

Based on some similar models Id have to say $18k-$20k is about right

 

[LD48750]

fill the cylinders with oil and have it appraised as 'stuck motor'. Remember that she gets only 1/2 of only what was acquired after you rented her, and that you both get to keep any inherited money, stuff, tractors, or gold fish.

Not in MI.
What she owned before the marriage is hers.
EVERYTHING else is joint property.

 

[JerryK]

What half of it is worth in a divorce does not relate to how much you could get out of it if you sold it. As far as her side thinks, it is golden. Better to just go with the golden evaluation, let her have half of that, and let it be. Money is one thing, but getting it over with is worth more than money.....

 

[mikester]

Divorce value $500.00

The wife will value it at $50K. After the divorce and legal fees it will be worth $500.00

 

[fried1765]

Not in MI.
What she owned before the marriage is hers.
EVERYTHING else is joint property.

Divorce laws in various stated are VERY DIFFERENT!
I was divorced in Massachusetts.
EVERYTHING, INCLUDING WHAT I INHERITED, was subject to a divorce split.
Went through two attorneys, before I found a good one.
Even a good attorney must follow the divorce laws of your state however.

 

[fried1765]

Of course not. Men get screwed over in divorces.

^^^^^ ALWAYS !!!!!!!

 

[JerryK]

The wife does not really want half of your stuff. It is just a means to what she really wants ... She wants you to suffer thru the process as much as inhumanly possible. Give her half, give her some more, and give her the tractor. Just so you can say ' Be off with you wench ' after she signs..... then you can start over. Less pain ..

 

[uphere]

Traded in a 2011 4041 in 2017 for $18K (Cdn) - had 250hrs on it and was in good shape.

 

[zzvyb6]

Not in MI.
What she owned before the marriage is hers.
EVERYTHING else is joint property.

I went through a Michigan divorce. I married late and had a 6 figure IRA before I married. During the Great Recession, value was down a bit. I got to keep the entire account. Same for my inheritance: money, items, car. No pre-nup.

 

[zzvyb6]

Split it at the bell housing and give her the rear end half.

 

[LD48750]

I went through a Michigan divorce. I married late and had a 6 figure IRA before I married. During the Great Recession, value was down a bit. I got to keep the entire account. Same for my inheritance: money, items, car. No pre-nup.

Not how it went for my MI divorce.

 

[RickB]

Split it at the bell housing and give her the rear end half.

Only if the fuel tank is in the rear.

 

[fried1765]

Only if the fuel tank is in the rear.

If she does get the fuel tank,..... make sure it also has an igniter!

 

[KennyG]

View attachment 642443

Not Responsible for the content of this photo.

Jewerly? I guess they don't make spell check for T-shirts.

 

[Gary Fowler]

My wife filed for divorce and I need to value my 2011 R4047 with FEL and backhoe for marital assets. About 500 hours on the tractor.
I know one thing for sure , she is not getting the tractor!View attachment 642350View attachment 642351

For sure dont ask for a trade in value which will be much higher than what you can get if offered for sale. So ask 2 or 3 dealers what they will give you if you offer it for sale, then take the average when the lawyers start negotiating. If she counters with a high ball number, offer it to her side of the computations at that price and she will likely not take it. After all if it cost you more than it is worth, then better to just buy a new one.

 

[stingray1]

I’d use it to bury her deep in the woods.problem solved.:tractor: