Dividing assets?We realize that divorce is a painful process. There are many decisions that have to be finalized, including what's going to happen to the shared residence. There are generally two choices 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 be wise to get an appraisal of the residence. Contact us if you require an appraisal related to a divorce or other allocation of assets. An appraisal for the purpose of assent division must have a well-supported, professional value conclusion that will hold up in court. When you order an appraisal from Salt Lake Appraising Company, you are assured the best in service with professional courtesy and well-supported conclusions. Handling the sensitive challenges of a divorce situation is common territory for us. Attorneys in UT and accountants depend on our values when determining real property values for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise dealing with all the parties involved and are standing by to assist your needs. We provide appraisal documents for courts or various agencies that meet or exceed their requirements. For lawyers representing a client in a divorce, your case's material facts often requires an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you purchased the appraisal. We are familiar with the methods and what is vital to do a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we perform we remain conscious of the fact that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, resulting in the utmost discretion. |