Splitting up marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options regarding the shared residence - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the joint real estate. Contact us if your needs include an appraisal related to a divorce or other allocation of assets. When the intended use of an appraisal is a divorce settlement, it must have a well-supported, professional report that can be supported in court. When you order an appraisal from Race Appraisal Services, LLC, you are assured the best in service with courtesy and well-supported conclusions. Handling the sensitive needs of a divorce situation is somewhat matter-of-fact for us. MA attorneys and accountants rely on our analysis when figuring out real property values for estates, divorces, or other disputes where it is relevant. We have an abundance of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal reports that fulfill the requirements of the courts and various agencies. As a legal professional working with a divorce, your case's material facts typically necessitates an appraisal to determine fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you requested the appraisal. We're versed in the processes and what is elementary to perform a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. For each divorce appraisal we perform we remain mindful of the fact that they require prudence with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion. |
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