![]() Divorce Appraisals in the state of IL by Patrick LaughlinFinalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when discussing 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 order an appraisal of the common real estate. Contact us Patrick Laughlin can help if you need an appraisal related to a divorce or other division of assets. An appraisal for the purpose of assent division must have a well-supported, expert document that can be supported to a judge. Patrick Laughlin guarantees the very best in service with courtesy and the highest quality appraisal. Handling the special challenges of a divorce situation is not a problem for us. Attorneys in IL as well as accountants rely on our values when determining real property values for estates, divorces, or other disputes where it is relevant. We have a great deal of expertise working with everyone involved and are ready to assist with your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements. As a lawyer dealing with a divorce, your case's material facts often necessitates an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you purchased the appraisal. We're experienced with the methods and what it means to complete a retroactive appraisal that has an effective date and Fair Market Value opinion matching the date of divorce. We work on many divorce appraisals (unfortunately) and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, ensuring the utmost discretion. |