![]() Splitting up marital assets?We realize that divorce can be very difficult. There are countless issues to worry about, including what to do with the house. There are generally two choices when discussing the shared residence - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the residence. Contact us Phil Morris Appraisals is at your service if you need an appraisal dealing with a divorce or other allocation of assets. An appraisal for divorce purposes requires a well-supported, expert report that is defensible in court. Phil Morris Appraisals guarantees an exceptional level of service with courtesy and well-supported conclusions. Handling the particular needs of a divorce situation is not a problem for us. Attorneys in MS as well as accountants rely on our opinions when ascertaining what the real property is worth for estates, divorces, or other disputes where it is relevant. We have an abundance of expertise dealing with all the parties involved and are standing by to assist your needs. We provide appraisal documents that meet the requirements of the courts and various agencies. As a legal professional dealing with a divorce, your case's research often requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you ordered the appraisal. We're experienced with the techniques and all that it entails to develop a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. For each divorce appraisal we perform we keep in mind that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion. |