![]() Dividing assets?We know that divorce is a painful process. There are many decisions to worry about, including the status of the shared residence. There are generally two alternatives regarding the house - it can be sold and the proceeds divvied up, 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 joint real estate. Contact us True Footage is at your service if you need an appraisal dealing with a divorce or other allocation of assets. A divorce appraisal should include a well-established, authoritative value conclusion that is defensible in court. True Footage guarantees an exceptional level of service with courtesy and well-supported conclusions. We also know how to care for the delicate needs of a divorce situation. IL attorneys as well as accountants rely on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise working with everyone involved and can readily handle your needs. We provide appraisal reports that fulfill the requirements of the courts and various agencies. As a lawyer representing a client in a divorce, your case's evidence often necessitates an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you ordered the appraisal. We're accustomed to the processes and requirements needed to complete a retroactive appraisal with an effective date and Fair Market Value opinion corresponding to the date of divorce. We work on a reasonable number of divorce appraisals and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion. |