Dividing marital assets?We realize that divorce can be very difficult. There are many issues that have to be settled, including the fate of the house. There are generally two choices when it comes to real estate - it can be put up for sale and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence. Contact us if your needs include an appraisal for the purposes of a divorce or other division of assets. An appraisal for the purpose of assent division must have a well-supported, expert report that will hold up in court. When you order an appraisal from JOY ELLIOTT, you are assured the best in service with courtesy and top notch analysis. Handling the special conditions of a divorce situation is somewhat matter-of-fact for us. Attorneys in VI as well as accountants depend on our opinions when determining real property values for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We submit appraisal documents for courts or various agencies that meet or exceed their requirements. For attorneys handling a divorce, your case's material facts frequently necessitates an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you ordered 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 conclusion that matches the date of divorce. We handle lots of 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) compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion. |