Splitting up marital assets?
We realize that divorce can be very difficult. There are countless issues that have to be finalized, including the status of the shared residence. There are generally two choices regarding common real estate - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence.
Contact us if you require an appraisal dealing with a divorce or other separation of assets.
When the purpose of an appraisal is the division of assets, it should include a well-established, authoritative report that will hold up during a trial. Piscitelli Appraisal Service pledges to give you the very best in service with professional courtesy and well-supported conclusions. Working through the particular conditions of a divorce situation is not a problem for us.
Attorneys in as well as accountants depend on our analysis when determining what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise dealing with all the parties involved and are standing by to assist your needs. We provide appraisal documents for courts or various agencies that meet or exceed their requirements.
For lawyers handling a divorce, your case's evidence typically necessitates an appraisal to ascertain fair market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you ordered the appraisal. We're versed in the techniques and what it means to develop a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we perform 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 dictates confidentiality, ensuring the utmost discretion.