Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives regarding real estate - it can be put up for sale and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.
Contact us if your needs include an appraisal dealing with a divorce or other allocation of assets.
A divorce appraisal needs a well-supported, expert document that can be supported in court. When you order an appraisal from Appraisal Development Inc, you are assured the best in service with courtesy and the highest quality appraisal. We also know how to care for the sensitive needs of a divorce situation.
IL attorneys and accountants rely on our opinions when calculating real property values 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 submit appraisal reports that fulfill the requirements of the courts and various agencies.
As a lawyer handling a divorce, your case's evidence often necessitates an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date can be different from the date you purchased the appraisal. We're versed in the methods and what it means to do a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. We handle lots of divorce appraisals (unfortunately) and we understand that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion.