Splitting up assets?Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding the shared residence - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the shared real estate. Contact us ML Appraisals can assist if you need an appraisal related to a divorce or other allocation of assets. An appraisal for the purpose of assent division must have a well-supported, expert document that can be supported in court. When you order an appraisal from ML Appraisals, you are assured the best in service with courtesy and well-supported conclusions. Handling the particular needs of a divorce situation is somewhat matter-of-fact for us. Attorneys in UT as well as accountants depend on our appraisals when ascertaining what the real property is worth for estates, divorces, or other disputes where it is important. We have an abundance 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 for courts or various agencies that meet or exceed their requirements. For attorneys representing a client in a divorce, your case's evidence typically needs an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date differs from the date you ordered the appraisal. We're comfortable with the techniques and what is essential to do a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. We work on a reasonable number 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) binds us with confidentiality, resulting in the utmost discretion. |