Dividing marital assets?
We know that divorce can be very difficult. There are many issues looming, including what happens to the house. There are generally two alternatives when it comes to common real estate - it can be put up for sale and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the residence.
Contact us if your needs include an appraisal for the purposes of a divorce or other division of assets.
An appraisal for the purpose of assent division needs a well-established, expert report that is defensible in court. When you order an appraisal from Chris Jackson Appraisal, you are assured the best in service with courtesy and well-supported conclusions. We understand how to provide for the prickly needs of a divorce situation.
TN attorneys and accountants depend on our values when calculating real property values for estates, divorces, or other disputes where it is material. 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 provide appraisal reports that meet the requirements of the courts and various agencies.
For attorneys representing a client in a divorce, your case's research often needs an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date differs from the date you ordered the appraisal. We're comfortable with the procedures and what it entails to perform a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. We work on a reasonable number 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.