Dividing marital assets?Settling a divorce involves 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 divided, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to order an appraisal of the mutual real estate.
An appraisal for the purpose of asset division must have a well-established, authoritative value conclusion that is defensible to a judge. Truex Appraisal Services, LLC guarantees the very best in service with courtesy and top notch analysis. Through experience and education, we've learned how to provide our services for the needs of a divorce situation.
Indiana attorneys and accountants depend on our opinions when calculating what the real property is worth for estates, divorces, or other legal disputes. We have a lot of expertise working with everyone involved and can readily handle your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements.
For lawyers working with a divorce, your case's evidence frequently necessitates an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you purchased the appraisal. We're versed in the processes and what is imperative to do a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, ensuring the utmost discretion.