Splitting up assets?We know that divorce can be very difficult. There are many choices that have to be resolved, including what to do with the house. There are generally two choices when it comes to common real estate - it can be put up for sale 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 commission an appraisal of the residence. Contact us J.S. Appraisals, Inc. can assist if you need an appraisal related to a divorce or other division of assets. An appraisal for the purpose of assent division requires a well-established, authoritative value conclusion that will hold up in court. J.S. Appraisals, Inc. pledges to give you an exceptional level of service with professional courtesy and the highest quality appraisal. Handling the special conditions of a divorce situation is somewhat matter-of-fact for us. Attorneys in IL and accountants depend on our analysis when determining what the real property is worth for estates, divorces, or other disputes where it is in question. We have a great deal of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements. As a lawyer dealing with a divorce, your case's evidence frequently necessitates an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you purchased the appraisal. We're experienced with the methods and all that it means to develop a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. We perform a reasonable number of divorce appraisals (unfortunately) and we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |