Dividing assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when discussing the house - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the mutual real estate. Contact us if you require an appraisal dealing with a divorce or other allocation of assets. An appraisal for the purpose of assent division requires a well-established, expert report that can be supported in court. M P Valuations, Inc. guarantees the very best in service with courtesy and top notch analysis. Handling the special needs of a divorce situation is not a problem for us. IL attorneys and accountants depend on our values when figuring out what the real property is worth for estates, divorces, or other disputes where it is important. We have an abundance of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We provide appraisal reports for courts or various agencies that meet or exceed their requirements. As a legal professional dealing with a divorce, your case's research frequently necessitates an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date can be different from the date you purchased the appraisal. We're accustomed to the techniques and the effort mandatory to do a retroactive appraisal that has an effective date and Fair Market Value opinion that matches the date of divorce. We handle many divorce appraisals (unfortunately) and we understand that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, guaranteeing you the utmost discretion. |