Splitting up marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives regarding the shared residence - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to commission an appraisal of the mutual real estate. Contact us if your needs include an appraisal for the purposes of a divorce or other division of assets. When the intended use of an appraisal is a couple splitting up, it must have a well-supported, professional document that will hold up in court. When you order an appraisal from Jack McCarty MAI, CPA, EA, LLC., you are assured the best in service with professional courtesy and the highest quality appraisal. Handling the sensitive conditions of a divorce situation is somewhat matter-of-fact for us. Attorneys in KY as well as accountants rely on our values when determining real property values for estates, divorces, or other disputes where it is relevant. We have a lot of expertise working with everyone involved and are ready to assist with your needs. We provide appraisal documents that fulfill the requirements of the courts and various agencies. For attorneys dealing with a divorce, your case's research typically necessitates an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you ordered the appraisal. We're comfortable with the methods and what is imperative to do a retroactive appraisal that has an effective date and Fair Market Value opinion corresponding to the date of divorce. We handle many divorce appraisals (unfortunately) 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, guaranteeing you the utmost discretion. |