Dividing marital assets?
We know that divorce is never easy. There are many issues to worry about, including what happens to the shared residence. There are generally two choices when discussing the shared residence - it can be put on the market 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 order an appraisal of the common real estate.
Contact us if your needs include an appraisal related to a divorce or other division of assets.
When the intended use of an appraisal is the division of assets, it requires a well-established, professional value conclusion that will hold up to a judge. When you order an appraisal from Deer Creek Appraisals, you are assured the best in service with courtesy and the highest quality appraisal. Handling the sensitive challenges of a divorce situation is somewhat matter-of-fact for us.
CO attorneys as well as accountants rely on our analysis when ascertaining what the real property is worth for estates, divorces, or other disputes where it is important. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney working with a divorce, your case's research regularly needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you purchased the appraisal. We're experienced with the techniques and what's needed to perform a retroactive appraisal that has an effective date and Fair Market Value estimate that matches the date of divorce. We handle a reasonable number of divorce appraisals and we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, resulting in the utmost discretion.