Splitting up marital assets?Divorce settlements involve many decisions, including who gets the house. There are generally two alternatives when it comes to the shared residence - it can be sold 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 residence.
When the reason for an appraisal is the division of assets, it requires a well-supported, professional value conclusion that can be supported to a judge. When you order an appraisal from CGL Appraisals, you are assured the best in service with courtesy and well-supported conclusions. Taking into account the sensitive challenges of a divorce situation is familiar territory for us.
Utah attorneys and accountants depend on our opinions when ascertaining real property values for estates, divorces, or other disputes requiring a value opinion. We have an abundance of expertise dealing with all the parties involved and can readily handle your needs. We assemble appraisal documents that fulfill the requirements of the courts and various agencies.
As a lawyer handling a divorce, your case's material facts customarily require an appraisal to determine market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you ordered the appraisal. We're versed in the methods and the effort fundamental to do a retrospective appraisal with an effective date and Market Value opinion that matches the date of divorce. We work on many divorce appraisals , and we understand that they need to be handled prudently. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, guaranteeing you the utmost discretion.