Splitting up assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options regarding common real estate - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the shared real estate. Contact us if your needs include an appraisal related to a divorce or other division of assets. When the purpose of an appraisal is the division of assets, it should include a well-established, expert report that can be supported during a trial. When you order an appraisal from The Firm, LLC., you are assured the best in service with professional courtesy and well-supported conclusions. Handling the particular challenges of a divorce situation is common territory for us. Attorneys in AR as well as accountants depend on our values when ascertaining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We provide appraisal reports for courts or various agencies that meet or exceed their requirements. As a lawyer dealing with a divorce, your case's research typically needs an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date differs from the date you purchased the appraisal. We're comfortable with the techniques and what is essential to perform a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. We work on many divorce appraisals (unfortunately) and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, ensuring the utmost discretion. |