![]() Dividing marital assets?We realize that divorce is a painful process. There are numerous choices looming, including what happens to the house. There are generally two choices regarding real estate - it can be put up for sale 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 residence. Contact us if you require an appraisal for the purposes of a divorce or other allocation of assets. An appraisal for divorce purposes requires a well-established, expert value conclusion that can be supported in court. When you order an appraisal from Richard J. Ward, SRA, you are assured the best in service with courtesy and top notch analysis. We understand how to handle the delicate needs of a divorce situation. Attorneys in NJ as well as accountants depend on our values when figuring out what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have an abundance of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We create appraisal documents that fulfill the requirements of the courts and various agencies. For legal professionals working with a divorce, your case's research regularly necessitates an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you requested the appraisal. We're comfortable with the techniques and what it entails to perform a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, resulting in the utmost discretion. |