Dividing marital assets?Settling a divorce involves many decisions, including who gets the house. There are generally two alternatives when it comes to real estate - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.A divorce appraisal needs a well-established, authoritative report that is defensible to a judge. When you order an appraisal from William Newcomb, you are assured the best in service with professional courtesy and well-supported conclusions. We also know how to provide for the sensitive needs of a divorce situation.
New Jersey attorneys and accountants depend on our appraisals when figuring out real property values for estates, divorces, or other disputes needing a value opinion. We understand their needs and are accustomed to dealing with all parties involved. We assemble appraisal documents that fulfill the requirements of the courts and various agencies. For lawyers handling a divorce, your case's material facts customarily require an appraisal to establish 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 accustomed to the procedures and what it means to do a retrospective appraisal with an effective date and Market Value conclusion that matches the date of divorce. We perform a reasonable number of divorce appraisals , and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, ensuring the utmost discretion. |
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