A collection of articles focusing on financial issues. These articles have been written and provided by Divorce Source Professionals. Some of them may be rather long, so remember you can always print them and read them off-line another time. Members must be state licensed, hold professional designations and adhere to a Code of Ethics. Property assessment is an important mechanism for distributing the tax burden.
Assessments are often misunderstood, which causes much bad feeling between taxpayers and government.
The Tax assessment of your house or other real estate can play a very influential role in the market value. As the market value of a house decreases so should the real estate tax. Much like a business relationship. Each state has unique, but similar statutes that clearly define how the distribution of property occurs when you decide to get a divorce.