Dividing assets?We realize that divorce is a painful process. There are numerous decisions to worry about, including the status of the house. There are generally two options when discussing real estate - it can be sold and the proceeds divvied up, 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 P & R Appraisals, LLC can assist if you need an appraisal for the purposes of a divorce or other allocation of assets. An appraisal for divorce purposes must have a well-established, expert document that will hold up in court. When you order an appraisal from P & R Appraisals, LLC, you are assured the best in service with courtesy and the highest quality appraisal. Working through the special conditions of a divorce situation is common territory for us. Attorneys in NJ as well as accountants depend on our opinions when ascertaining what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have an abundance of expertise working with everyone involved and can readily handle your needs. We create appraisal reports that meet the requirements of the courts and various agencies. As an attorney handling a divorce, your case's research typically requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you ordered the appraisal. We are familiar with the techniques and what it entails to develop a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. We work on a reasonable number of divorce appraisals and we understand that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, resulting in the utmost discretion. |