Dividing assets?We realize that divorce is a painful process. There are many decisions that have to be settled, including what's going to happen to the home. There are generally two alternatives when discussing common real estate - it can be put up for sale 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 mutual real estate. Contact us Turpin & Associates can assist if you need an appraisal related to a divorce or other division of assets. When the intended use of an appraisal is the division of assets, it must have a well-supported, professional report that will hold up in court. When you order an appraisal from Turpin & Associates, you are assured the best in service with courtesy and the highest quality appraisal. We also know how to care for the sensitive needs of a divorce situation. Attorneys in IL and accountants rely on our opinions when ascertaining real property values for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal reports for courts or various agencies that meet or exceed their requirements. For lawyers working with a divorce, your case's evidence typically needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you purchased the appraisal. We're comfortable with the procedures and the effort needed to complete a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion. |