Dividing assets?We realize that divorce is a painful process. There are countless decisions to worry about, including the fate of the house. There are generally two options when discussing the shared residence - 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 commission an appraisal of the joint real estate. Contact us if you require an appraisal for the purposes of a divorce or other allocation of assets. An appraisal for the purpose of assent division must have a well-established, professional value conclusion that is defensible during a trial. When you order an appraisal from Montgomery Appraisers, you are assured the best in service with courtesy and the highest quality appraisal. Working through the particular challenges of a divorce situation is not a problem for us. Attorneys in NJ as well as accountants depend on our values when determining real property values for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal reports that fulfill the requirements of the courts and various agencies. For attorneys representing a client in a divorce, your case's evidence typically requires 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 purchased the appraisal. We're experienced with the processes and requirements needed to develop a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. We work on lots of divorce appraisals and we understand that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, guaranteeing you the utmost discretion. |