Dividing marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives when discussing the shared residence - 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 should commission 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, authoritative value conclusion that will hold up to a judge. When you order an appraisal from Crosstown Appraisals, you are assured the best in service with professional courtesy and well-supported conclusions. We understand how to provide for the sensitive needs of a divorce situation. Attorneys in IL and accountants depend on our appraisals when figuring out real property values for estates, divorces, or other disputes where it is in question. We have an abundance of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal reports that fulfill the requirements of the courts and various agencies. As an attorney handling a divorce, your case's research frequently needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you requested the appraisal. We are familiar with the methods and the effort fundamental to perform a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. For each divorce appraisal we are hired to do we remain mindful of the fact that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing you the utmost discretion. |