Saying goodbye Sickness and death in the appraisal profession by ProQuest

VIEWS: 7 PAGES: 3

More Info
									     Legal news & Views
                                                                                                                     By Mark R. Frederick, LL.B., Miller Thomson LLP


     Saying goodbye
                Sickness and death
                            in the appraisal profession

     T         oday, we canvass the topic of prepar-
               ing to exit the appraisal profession. For
               some, retirement is a long awaited goal.
               For others, dreams of retirement are
      curtailed by illness and death, leaving loved ones
      to care for the sick and tend to their affairs. In the
      case of a professional appraiser, the multitude
                                                               and, unless we prepare ourselves for such con-
                                                               tingencies, we may end up creating a situation
                                                               of liability for ourselves, our estate, and those
                                                               who try to cope with our withdrawal.
                                                                    There are several things that the appraiser,
                                                               whether in single practice or in a partnership/
                                                               firm, can do in order to mitigate this prospect:
                                                                                                                        “Unless we prepare
                                                                                                                         ourselves for such
                                                                                                                         contingencies, we
                                                                                                                      may end up creating a
                                                                                                                      situation of liability for
      of assignments, past and present, can make this          1. Cultivate a person who can take over for you to
      unenviable task even more of a chore and, in                assist in the completion of your projects. He or   ourselves, our estate, and
      many cases, a burden.                                       she should be someone you trust and whose            those who try to cope
          Most of us think this will never happen to              work meets your standards. Some appraisers          with our w
								
To top