![]() Dividing assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when it comes to the shared residence - 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 be wise to order an appraisal of the joint real estate. Contact us if your needs include an appraisal dealing with a divorce or other division of assets. When the reason for an appraisal is a divorce settlement, it requires a well-established, authoritative value conclusion that can be supported to a judge. When you order an appraisal from Peter M Scotti & Associates, you are assured the best in service with professional courtesy and top notch analysis. We understand how to care for the delicate needs of a divorce situation. Attorneys in RI and accountants depend on our opinions when calculating real property values for estates, divorces, or other disputes where it is material. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal documents for courts or various agencies that meet or exceed their requirements. As a lawyer handling a divorce, your case's research regularly needs an appraisal to establish 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 requested the appraisal. We're accustomed to the methods and requirements needed to do a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. For each divorce appraisal we perform we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, ensuring the utmost discretion. |