Splitting up marital assets?
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options regarding the house - it can be sold 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.
Contact us Ascension Appraisal can assist if you need an appraisal dealing with a divorce or other separation of assets.
An appraisal for the purpose of assent division must have a well-established, authoritative value conclusion that is defensible in court. When you order an appraisal from Ascension Appraisal, you are assured the best in service with courtesy and the highest quality appraisal. We understand how to handle the sensitive needs of a divorce situation.
Attorneys in MA as well as accountants rely on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise working with everyone involved and can readily handle your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
For lawyers handling a divorce, your case's research often needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you requested the appraisal. We are familiar with the procedures and requirements fundamental to perform a retroactive appraisal with an effective date and Fair Market Value opinion 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 delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, ensuring the utmost discretion.