Splitting up marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives regarding the shared residence - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the residence. Contact us if you require an appraisal related to a divorce or other separation of assets. When the reason for an appraisal is the division of assets, it should include a well-supported, professional report that will hold up to a judge. When you order an appraisal from Ettore Petrone, you are assured the best in service with courtesy and the highest quality appraisal. Working through the sensitive conditions of a divorce situation is common territory for us. PA attorneys as well as accountants rely on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal reports that meet the requirements of the courts and various agencies. As an attorney working with a divorce, your case's research regularly needs an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date can be different from the date you ordered the appraisal. We're accustomed to the procedures and what it means to develop a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. For each divorce appraisal we handle we remain mindful of the fact that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, resulting in the utmost discretion. |