Dividing marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when it comes to real estate - 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 if you require an appraisal dealing with a divorce or other allocation of assets. An appraisal for divorce purposes should include a well-established, professional value conclusion that will hold up in court. When you order an appraisal from Willis Smith & Associates (501)227-9413, you are assured the best in service with courtesy and top notch analysis. We understand how to care for the delicate needs of a divorce situation. Attorneys in AR as well as accountants depend on our opinions when determining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have an abundance of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal documents for courts or various agencies that meet or exceed their requirements. As a lawyer handling a divorce, your case's evidence often requires an appraisal to determine fair market value for the residential real estate involved. Often the divorce date differs from the date you ordered the appraisal. We're accustomed to the methods and what's mandatory to perform a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. We work on lots of divorce appraisals (unfortunately) and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, resulting in the utmost discretion. |