![]() Splitting up assets?We know that divorce is never easy. There are numerous choices that have to be finalized, including what to do with the shared residence. There are generally two alternatives regarding real estate - it can be sold 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 commission an appraisal of the shared real estate. Contact us if you require an appraisal for the purposes of a divorce or other division of assets. An appraisal for divorce purposes needs a well-supported, authoritative document that can be supported in court. When you order an appraisal from Tom Peterson, you are assured the best in service with courtesy and the highest quality appraisal. Working through the special needs of a divorce situation is familiar territory for us. Attorneys in MN and accountants rely on our values when calculating what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We provide appraisal documents for courts or various agencies that meet or exceed their requirements. As an attorney working with a divorce, your case's material facts frequently needs an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you ordered the appraisal. We're comfortable with the processes and all that it entails to develop a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. For each divorce appraisal we handle we keep in mind that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost discretion. |