Splitting up 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 sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the joint real estate.
Contact us if you require an appraisal dealing with a divorce or other separation of assets.
When the intended use of an appraisal is the division of assets, it needs a well-supported, professional document that is defensible during a trial. When you order an appraisal from Xelloss Corp Appraisals, you are assured the best in service with courtesy and well-supported conclusions. Working through the special challenges of a divorce situation is somewhat matter-of-fact for us.
OK attorneys as well as accountants depend on our analysis when figuring out real property values for estates, divorces, or other disputes where it is material. We have an abundance of expertise dealing with all the parties involved and can readily handle your needs. We create appraisal reports that meet the requirements of the courts and various agencies.
For lawyers dealing with a divorce, your case's material facts typically needs an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you requested the appraisal. We're versed in the methods and requirements needed to perform a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. We work on many divorce appraisals and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion.