Using FairSplit

Glossary of Terms and Roles in FairSplit Asset Divisions

Posted date: December 20, 2017 No Comments

Inventory Property A property is a realty such as a house or condo. Each property contains rooms and assets. Room A room belongs to a property and may contain assets and files, including photos. Asset Assets may (optionally) belong to a property, to ...

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Putting Market Values on Assets (not required)

Posted date: December 20, 2017 No Comments

What is MV (Monetary, or Market Value)? The approximate real world value of an item if sold through an estate sale or auction, Craig’s List, yard sale, etc. The division process will result in each party receiving their share of the MV, or paying o ...

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Tips on Photo Upload to Associate with Assets

Posted date: December 20, 2017 No Comments

Photos, or appraisals or other documents may be uploaded to FairSplit to have as reference or to assign or associate with specific assets. Here are some tips for preparing and uploading photos: Some people like to take a photo of each item to be list ...

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How do I enter assets for an estate?

Posted date: December 20, 2017 No Comments

See FairSplit video on adding assets. Usually, taking photos room by room and uploading to each room is best. Make the last photo of the room a sheet of notes, that may include rug or TV dimensions, artist name, etc., and it will be easier to segment ...

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This says it is a two year license. Are there charges after two years?

Posted date: May 15, 2019 No Comments

The Administrator will get an email in advance that the inventory may be deleted, or may be continued for a nominal fee. Making new inventories is free. We put two years since most finish the move or estate clearing well before two years, save or pri ...

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