Dividing assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when it comes to common real estate - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to commission an appraisal of the shared real estate. Contact us if your needs include an appraisal related to a divorce or other allocation of assets. When the intended use of an appraisal is a couple splitting up, it must have a well-established, professional document that is defensible in court. McKinney Appraisal, LLC pledges to give you an exceptional level of service with professional courtesy and well-supported conclusions. We understand how to handle the delicate needs of a divorce situation. Attorneys in IL as well as accountants rely on our appraisals when calculating what the real property is worth for estates, divorces, or other disputes where it is important. We have a lot of expertise working with everyone involved and are standing by to assist your needs. We submit appraisal documents that meet the requirements of the courts and various agencies. As a lawyer working with a divorce, your case's evidence frequently necessitates an appraisal to determine fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you requested the appraisal. We're comfortable with the procedures and the effort requisite to do a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. For each divorce appraisal we are hired to do 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, ensuring the utmost discretion. |