![]() Splitting up marital assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when it comes to the house - it can be put on the market 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 if you require an appraisal related to a divorce or other separation of assets. When the reason for an appraisal is a couple splitting up, it must have a well-established, authoritative report that can be supported to a judge. When you order an appraisal from Bruce Ladd Appraisals, you are assured the best in service with professional courtesy and well-supported conclusions. Working through the sensitive conditions of a divorce situation is not a problem for us. Attorneys in KY and accountants depend on our opinions when calculating 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 submit appraisal documents that meet the requirements of the courts and various agencies. For attorneys handling a divorce, your case's research frequently requires an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you ordered the appraisal. We're experienced with the processes and what is elementary to develop a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. For each divorce appraisal we handle we keep in mind that they require prudence with the utmost care. 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. |