Splitting up assets?
We understand that divorce is a painful process. There are many issues to worry about, including what happens to the shared residence. There are generally two choices when discussing 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 find it in their best interest to commission an appraisal of the residence.
Contact us Young Appraisal Company, Inc. is at your service if you need an appraisal related to a divorce or other separation of assets.
An appraisal for the purpose of assent division requires a well-supported, expert value conclusion that can be supported during a trial. Young Appraisal Company, Inc. pledges to give you the very best in service with professional courtesy and the highest quality appraisal. Taking into account the special needs of a divorce situation is frequent territory for us.
TX attorneys as well as accountants rely on our opinions when ascertaining real property values for estates, divorces, or other disputes where it is relevant. We have a lot of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal documents for courts or various agencies that meet or exceed their requirements.
For legal professionals representing a client in a divorce, your case's evidence often needs an appraisal to determine fair market value for the residential real estate involved. Often the divorce date can be different from the date you purchased the appraisal. We're versed in the processes and all that it takes to complete a retroactive appraisal that has an effective date and Fair Market Value conclusion corresponding to the date of divorce. We handle 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, resulting in the utmost discretion.