Dividing marital assets?
We understand that divorce is never easy. There are numerous issues that have to be resolved, including what's going to happen to the shared residence. There are generally two choices regarding real estate - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to commission an appraisal of the common real estate.
Contact us if you require an appraisal related to a divorce or other allocation of assets.
An appraisal for the purpose of assent division needs a well-supported, professional document that is defensible during a trial. When you order an appraisal from The Appraisal Firm, you are assured the best in service with professional courtesy and well-supported conclusions. Handling the special challenges of a divorce situation is somewhat matter-of-fact for us.
Attorneys in CA as well as accountants rely on our appraisals when determining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
For attorneys handling a divorce, your case's material facts frequently requires an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you ordered the appraisal. We're comfortable with the processes and all that it takes to develop a retroactive appraisal with an effective date and Fair Market Value conclusion matching the date of divorce. We perform a reasonable number of divorce appraisals and we understand that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost discretion.