Dividing assets?Divorce settlements involve many decisions, including who keeps the house. There are generally two alternatives when it comes to the shared residence - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the joint real estate.A divorce appraisal requires a well-established, expert value conclusion that is defensible to a judge. 1st Choice Appraisal Group pledges to give you the very best in service with courtesy and well-supported conclusions. Taking into account the sensitive needs of a divorce situation is frequent territory for us.
Attorneys as well as accountants in Indiana depend on our values when calculating real property values for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise working with everyone involved and can readily handle your needs. We create appraisal documents for courts or various agencies that meet or exceed their requirements. As a lawyer working with a divorce, your case's material facts regularly requires an appraisal to establish fair market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you requested the appraisal. We're comfortable with the techniques and what is essential to perform a retroactive appraisal that has an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we perform, we remain cognizant of the fact that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, ensuring the utmost discretion. |
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