Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives when discussing 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 should commission an appraisal of the residence. Contact us Phillips Appraisal is at your service if you need an appraisal for the purposes of a divorce or other separation of assets. A divorce appraisal requires a well-established, authoritative document that will hold up in court. When you order an appraisal from Phillips Appraisal, you are assured the best in service with courtesy and top notch analysis. Working through the sensitive challenges of a divorce situation is common territory for us. Attorneys in WI and accountants depend on our appraisals when calculating real property values for estates, divorces, or other disputes where it is relevant. We have an abundance of expertise working with everyone involved and can readily handle your needs. We submit appraisal documents that fulfill the requirements of the courts and various agencies. For attorneys working with a divorce, your case's research typically requires an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date can be different from the date you purchased the appraisal. We're comfortable with the processes and all that it means to do a retroactive appraisal that has an effective date and Fair Market Value opinion matching the date of divorce. For each divorce appraisal we handle we keep in mind 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. |