![]() Dividing assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options regarding common real estate - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the common real estate. Contact us if your needs include an appraisal for the purposes of a divorce or other separation of assets. An appraisal for the purpose of assent division needs a well-established, expert document that can be supported in court. When you order an appraisal from Brian Morgan Appraiser, you are assured the best in service with courtesy and top notch analysis. Taking into account the special needs of a divorce situation is common territory for us. Attorneys in IL as well as accountants rely on our analysis when figuring out what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a lot of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal documents that fulfill the requirements of the courts and various agencies. As an attorney dealing with a divorce, your case's evidence often needs an appraisal to establish 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're experienced with the processes and what's fundamental to complete a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. We perform many divorce appraisals (unfortunately) and we understand that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion. |