Splitting up marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when it comes to common 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 be wise to commission an appraisal of the mutual real estate. Contact us Phil Key Appraisals can assist if you need an appraisal related to a divorce or other allocation of assets. When the reason for an appraisal is a couple splitting up, it requires a well-established, professional value conclusion that is defensible in court. Phil Key Appraisals pledges to give you the very best in service with courtesy and well-supported conclusions. Working through the special challenges of a divorce situation is familiar territory for us. NC 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 lot of expertise working with everyone involved and are standing by to assist your needs. We provide appraisal documents for courts or various agencies that meet or exceed their requirements. As a legal professional representing a client in a divorce, your case's material facts typically 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 requested the appraisal. We're experienced with the processes and all that it takes to develop a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. We perform a reasonable number of divorce appraisals and we understand that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, resulting in the utmost discretion. |