Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when discussing the shared residence - it can be sold and the proceeds split, 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 Lee Pruett Appraisal Svc is at your service if you need an appraisal related to a divorce or other division of assets.
An appraisal for divorce purposes must have a well-established, expert value conclusion that can be supported to a judge. When you order an appraisal from Lee Pruett Appraisal Svc, you are assured the best in service with professional courtesy and well-supported conclusions. Taking into account the special challenges of a divorce situation is familiar territory for us.
Attorneys in MS and accountants rely on our values when determining what the real property is worth for estates, divorces, or other disputes where it is material. We have a great deal of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney handling a divorce, your case's research typically requires an appraisal to establish 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 are familiar with the methods and what is essential to do a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. We perform many 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 compels us to keep the highest degree of confidentiality, ensuring the utmost discretion.