Splitting up assets?We realize that divorce is a painful process. There are numerous decisions looming, including what to do with the shared residence. There are generally two options when it comes to 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 order an appraisal of the joint real estate. Contact us if your needs include an appraisal for the purposes of a divorce or other separation of assets. An appraisal for the purpose of assent division should include a well-established, authoritative value conclusion that is defensible in court. When you order an appraisal from Michael Cowles Appraisals, you are assured the best in service with professional courtesy and the highest quality appraisal. Taking into account the particular challenges of a divorce situation is familiar territory for us. KY attorneys and accountants depend on our appraisals when ascertaining what the real property is worth for estates, divorces, or other disputes where it is crucial. We have an abundance of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal reports that meet the requirements of the courts and various agencies. As a legal professional dealing with a divorce, your case's evidence often needs an appraisal to ascertain fair market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you ordered the appraisal. We're accustomed to the processes and what is vital to complete a retroactive appraisal that has an effective date and Fair Market Value opinion matching the date of divorce. For each divorce appraisal we perform we keep in mind that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion. |