Dividing marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options regarding the shared residence - it can be sold and the proceeds divided, 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 joint real estate. Contact us if you require an appraisal for the purposes of a divorce or other allocation of assets. When the purpose of an appraisal is a couple splitting up, it requires a well-established, professional report that can be supported during a trial. MLP Appraisal Group, Inc. guarantees the very best in service with courtesy and well-supported conclusions. We understand how to care for the prickly needs of a divorce situation. IL attorneys and accountants rely on our opinions when figuring out what the real property is worth for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We create appraisal documents that meet the requirements of the courts and various agencies. As a lawyer working with a divorce, your case's research frequently requires an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you purchased the appraisal. We're accustomed to the methods and what is vital to complete a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. For each divorce appraisal we perform we keep in mind that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion. |