Dividing marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives when it comes to the shared residence - 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 commission an appraisal of the residence. Contact us A.R.E.A. Services can assist if you need an appraisal dealing with a divorce or other allocation of assets. When the reason for an appraisal is a divorce settlement, it requires a well-supported, expert document that can be supported during a trial. A.R.E.A. Services guarantees the very best in service with professional courtesy and the highest quality appraisal. Through experience and education, we've learned how to handle the prickly needs of a divorce situation. Attorneys in TN as well as accountants rely on our analysis when figuring out real property values for estates, divorces, or other disputes where it is material. We have a lot of expertise working with everyone involved and are standing by to assist your needs. We submit appraisal documents that fulfill the requirements of the courts and various agencies. For legal professionals working with a divorce, your case's evidence often needs an appraisal to determine 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 purchased the appraisal. We're comfortable with the methods and what it takes to perform a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we are hired to do we remain mindful of the fact that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, resulting in the utmost discretion. |