A professional specializing in property valuation, particularly when marital assets are divided, provides an objective and unbiased estimate of a property’s fair market value. This valuation is used to ensure equitable distribution of assets during a dissolution of marriage. For example, a certified professional examines comparable sales, property condition, and location to determine the worth of a family home.
Obtaining a neutral assessment is vital because it minimizes disputes and promotes a fair settlement. The objectivity offered by such a professional is essential, contrasting with potentially biased opinions of either party involved. Historically, property division during these proceedings was often subjective, leading to inequitable outcomes. Utilizing a qualified expert introduces a standardized and defensible process.