![]() Dividing assets?Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices when discussing the shared residence - it can be put on the market and the proceeds divided, 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 residence. Contact us TS Appraisals can assist if you need an appraisal dealing with a divorce or other allocation of assets. When the intended use of an appraisal is the division of assets, it requires a well-established, expert report that will hold up during a trial. When you order an appraisal from TS Appraisals, you are assured the best in service with professional courtesy and well-supported conclusions. We also know how to handle the prickly needs of a divorce situation. AZ attorneys as well as accountants depend on our opinions when ascertaining real property values for estates, divorces, or other disputes requiring a value opinion. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal reports that fulfill the requirements of the courts and various agencies. For attorneys working with a divorce, your case's material facts typically requires an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you requested the appraisal. We are familiar with the techniques and requirements needed to develop a retroactive appraisal that has an effective date and Fair Market Value opinion matching the date of divorce. We work on lots of divorce appraisals and we understand that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, guaranteeing you the utmost discretion. |