Dividing marital assets?Divorce settlements involve many decisions, including who keeps the house. There are generally two choices regarding real estate - it can be put on the market and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to get an appraisal of the shared real estate.
An appraisal for the purpose of asset division should include a well-established, expert report that will hold up in court. Richardson Appraisal Service pledges to give you the very best in service with professional courtesy and top notch analysis. Through experience and education, we've learned how to provide for the sensitive needs of a divorce situation.
Attorneys and accountants in Tennessee depend on our analysis when determining real property values for estates, divorces, or other disputes where it is material. We understand their needs and are accustomed to dealing with all parties involved. We assemble appraisal documents that fulfill the requirements of the courts and various agencies.
For attorneys dealing with a divorce, your case's material facts customarily require an appraisal to determine market value for the residential real estate involved. Often the divorce date differs from the date you requested the appraisal. We're comfortable with the processes and the effort mandatory to do a retrospective appraisal that has an effective date and Market Value conclusion that matches the date of divorce. We perform a reasonable number of divorce appraisals (unfortunately) and we understand that they need to be handled prudently. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, ensuring the utmost discretion.