FAQs

Split-Share is a web-based application designed to help users create, manage, and divide inventories of personal property for purposes such as estate settlement, downsizing, divorce, or insurance. It uses AI-powered tools to streamline asset listing and offers fair division methods to preserve family bonds.

Split-Share aims to simplify the process of cataloging and dividing personal property to share legacies while preserving family bonds, as reflected in its motto.

Individuals, families, professional organizers, senior move managers, estate executors, and those involved in estate planning, downsizing, divorce, or insurance inventory creation can benefit.

Split-Share can manage tangible assets like household items, furniture, art, jewelry, and collectibles, as well as intangible assets if they can be listed and divided.

Yes, Split-Share can be used for downsizing, divorce asset division, insurance inventories, or any scenario requiring asset listing and division.

Split-Share offers patented division methods, AI-powered asset listing from photos, and secure, user-friendly features tailored for sensitive use cases like estate division, all while preserving family bonds.

Split-Share is not inherently legally binding, but its outputs can be used as part of a legally binding distribution process with professional legal assistance, depending on state laws and wills.

Yes, Split-Share is designed to be user-friendly for non-professionals, though professionals can enhance the process with their expertise.

Estate division, estate planning, downsizing, divorce settlements, and insurance inventories are the primary use cases.

Split-Share uses transparent, impartial division methods, including randomized selection and third-party administration, to ensure fairness and preserve family bonds.

Sign up for a free account, watch the 90-second introductory video, and begin by setting up rooms and uploading photos of assets.

The AI Quick List feature allows users to upload photos, and the AI automatically generates asset names, descriptions, and estimated values, which users can review and edit.

A smartphone or any device capable of taking digital photos is sufficient to create an inventory.

List rooms in the logical order of your home (e.g., entryway, living room), including small storage spaces like closets or jewelry boxes and outdoor areas like garages.

Take photos of each item, and if helpful include multiple angles and size reference.

Descriptions can be as detailed or simple as needed, but focus on high-value or sentimental items like jewelry, art, or collectibles, rather than common items like clothing.

Yes, group items logically (e.g., a dining table with chairs or "Mom's Baking Equipment") to make division easier and more practical.

Yes, Split-Share allows importing inventories from other applications, and you can export Split-Share inventories as spreadsheets or PDFs.

Users can manually enter values, use AI-suggested values, or check recent eBay sales for similar items. Professional valuation services are also available.

Yes, values are optional, especially for common items. Most users assign values only to high-value or sentimental items.

An inventory is a list of assets with photos and values, while a division involves using Split-Share's rounds to fairly distribute assets among beneficiaries (divisees).

Division rounds include an Asset Review round, an Emotional Value bidding round, and alternating selection rounds to fairly distribute items.

Divisees indicate items they value emotionally, and Split-Share's algorithm prioritizes these preferences to ensure fair distribution.

This round allows divisees to take turns selecting items in a randomized order to ensure fairness.

Yes, you can create an inventory and stop there without proceeding to division rounds.

Split-Share uses patented algorithms, randomized selection, and third-party administration to minimize bias and ensure transparency, preserving family bonds.

Yes, Split-Share allows remote participation, making it ideal for families spread across different locations.

Split-Share's impartial algorithms and third-party administrators help resolve disputes by ensuring transparent and fair allocation.

Yes, Split-Share supports multiple divisees, including heirs, siblings, or extended family members.

Split-Share provides detailed reports at the end of each division round, showing item assignments, exportable as Excel, CSV, or PDF.

Split-Share ensures data privacy by restricting access to invited participants only, with robust security measures in place.

Only users you explicitly invite to the inventory or division can view the data. No information is public.

Split-Share does not share personal or inventory data with third parties unless explicitly authorized by the user.

Inventories are stored securely for several years at no charge, accessible anytime via the platform.

Deleting your account removes all associated inventory and division data, per Split-Share's privacy policies.

Creating and managing an inventory is free. Division processes and additional services like third-party administration or valuation have associated costs.

Valuation services cost approximately $1-$2.50 per item for listing and $1.50 per item for market value research (not appraisal-level).

Pricing for third-party administration varies; contact Split-Share for details via their website or customer support.

Split-Share offers Estate Division and Downsizing Division plans, with details available on their website or by scheduling a call.

Yes, Split-Share offers a 100% satisfaction guarantee within 30 days of purchase, with a full refund if the system doesn't meet expectations prior to division.

No, Split-Share is intuitive, but documentation is recommended for division administrators or complex use cases.

Contact Split-Share via their website or customer support number for personalized assistance.

Yes, Split-Share can connect you with experienced professionals like lawyers, psychologists, or move managers.

Yes, a step-by-step user guide is available for download as a PDF on the Split-Share website.

Reviews can be left on the Split-Share website, Google Business, or platforms like Product Hunt and AppsHunter.

Split-Share partners with local professionals who can assist with photography, packing, and shipping for a fee.

Yes, inventories can be exported as Excel, CSV, or PDF reports with photos, suitable for insurance or legal documentation.

Yes, you can create a post-move inventory to document items in a new residence, useful for reference or future distribution.

A third-party administrator oversees the division process impartially, reducing conflicts and ensuring fairness to preserve family bonds.

Split-Share supports importing/exporting inventories as spreadsheets and integrates with eBay for valuation comparisons.