Dividing assets?We know that divorce is never easy. There are numerous decisions looming, including what happens to the shared residence. There are generally two options when it comes to the house - it can be put on the market and the proceeds split, 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.
An appraisal for the purpose of asset division requires a well-supported, professional value conclusion that will hold up to a judge. JM Appraisal Services pledges to give you an exceptional level of service with professional courtesy and well-supported conclusions. We understand how to handle the delicate needs of a divorce situation.
Maine attorneys as well as accountants depend on our analysis when ascertaining real property values for estates, divorces, or other disputes requiring a value opinion. We have an abundance of expertise working with everyone involved and are standing by to assist your needs. We create appraisal reports that meet the requirements of the courts and various agencies.
For attorneys dealing with a divorce, your case's material facts customarily require an appraisal to establish market value for the residential real estate involved. Often the divorce date can be different from the date you purchased the appraisal. We're accustomed to the techniques and what it entails to complete a retrospective appraisal that has an effective date and Market Value estimate matching the date of divorce. For each divorce appraisal we are hired to do, we keep in mind that they need to be handled with total professionalism. 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.