Dividing marital assets?
We know that divorce is a painful process. There are numerous issues looming, including what happens to the shared residence. There are generally two choices when discussing common real estate - it can be put on the market and the proceeds split, 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 division of assets.
An appraisal for divorce purposes needs a well-supported, authoritative document that can be supported during a trial. Robert L Ripp, SRA guarantees an exceptional level of service with professional courtesy and well-supported conclusions. Handling the special needs of a divorce situation is common territory for us.
CO attorneys as well as accountants depend on our appraisals when ascertaining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise working with everyone involved and can readily handle your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney handling a divorce, your case's material facts frequently requires an appraisal to determine fair market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you purchased the appraisal. We're versed in the processes and what is imperative to perform a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we handle we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, ensuring the utmost discretion.