![]() Splitting up marital assets?We know that divorce is never easy. There are many issues to worry about, including what to do with the shared residence. There are generally two alternatives when discussing common real estate - 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 be wise to get an appraisal of the residence. Contact us if you require an appraisal related to a divorce or other division of assets. When the intended use of an appraisal is the division of assets, it must have a well-established, authoritative report that can be supported to a judge. John Fanning & Associates guarantees an exceptional level of service with courtesy and well-supported conclusions. Taking into account the particular conditions of a divorce situation is somewhat matter-of-fact for us. TX attorneys and accountants rely on our analysis when determining real property values for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal documents for courts or various agencies that meet or exceed their requirements. As an attorney working with a divorce, your case's material facts regularly needs an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you requested the appraisal. We are familiar with the procedures and what is elementary to develop a retroactive appraisal that has an effective date and Fair Market Value opinion matching the date of divorce. We perform lots of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, ensuring the utmost discretion. |