![]() Splitting up assets?We know that divorce is a painful process. There are numerous issues to worry about, including what to do with the shared residence. There are generally two alternatives when it comes to common real estate - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to get an appraisal of the residence. Contact us if your needs include an appraisal for the purposes of a divorce or other allocation of assets. An appraisal for the purpose of assent division should include a well-supported, professional document that is defensible during a trial. Michael C. Lady Advisors, Inc. pledges to give you the very best in service with courtesy and the highest quality appraisal. Handling the special needs of a divorce situation is not a problem for us. IN attorneys as well as accountants rely on our analysis when figuring out what the real property is worth for estates, divorces, or other disputes where it is material. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal documents for courts or various agencies that meet or exceed their requirements. For lawyers handling a divorce, your case's evidence often needs 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 are familiar with the methods and all that it takes to perform a retroactive appraisal that has an effective date and Fair Market Value opinion corresponding to the date of divorce. For each divorce appraisal we handle we remain conscious of the fact that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, ensuring the utmost discretion. |