Dividing marital assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when it comes to the house - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the shared real estate. Contact us if you require an appraisal for the purposes of a divorce or other allocation of assets. When the reason for an appraisal is a divorce settlement, it requires a well-established, authoritative report that is defensible to a judge. Mannion Appraisals guarantees the very best in service with courtesy and well-supported conclusions. Through experience and education, we've learned how to provide for the sensitive needs of a divorce situation. Attorneys in IL as well as accountants depend on our opinions when determining what the real property is worth for estates, divorces, or other disputes where it is crucial. 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 fulfill the requirements of the courts and various agencies. For lawyers handling a divorce, your case's evidence regularly necessitates an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you ordered the appraisal. We're experienced with the methods and what is vital to do a retroactive appraisal that has an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we are hired to do we understand that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |