Splitting up marital assets?We understand that divorce can be very difficult. There are many decisions to worry about, including what happens to the shared residence. There are generally two options when discussing common real estate - 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 commission an appraisal of the common real estate. Contact us if your needs include an appraisal for the purposes of a divorce or other allocation of assets. When the purpose of an appraisal is a divorce settlement, it requires a well-supported, expert value conclusion that is defensible in court. When you order an appraisal from Practical Valuation, LLC, you are assured the best in service with professional courtesy and top notch analysis. We also know how to care for the delicate needs of a divorce situation. CT attorneys and accountants depend on our opinions when calculating what the real property is worth for estates, divorces, or other disputes needing 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 fulfill the requirements of the courts and various agencies. As an attorney representing a client in a divorce, your case's evidence often requires an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date can be different from the date you ordered the appraisal. We are familiar with the techniques and what is imperative to do a retroactive appraisal with an effective date and Fair Market Value opinion matching the date of divorce. For each divorce appraisal we handle we remain mindful of the fact that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost discretion. |