![]() Dividing assets?We realize that divorce is never easy. There are many choices that have to be resolved, including what happens to the house. There are generally two alternatives when discussing the shared residence - it can be put on the market and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence. Contact us Cognizant is at your service if you need an appraisal related to a divorce or other allocation of assets. An appraisal for the purpose of assent division requires a well-established, expert document that is defensible in court. Cognizant guarantees an exceptional level of service with courtesy and well-supported conclusions. Working through the sensitive needs of a divorce situation is familiar territory for us. Attorneys in CA and accountants depend on our analysis when determining real property values for estates, divorces, or other disputes where it is relevant. We have a great deal of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal reports that meet the requirements of the courts and various agencies. As a lawyer representing a client in a divorce, your case's material facts regularly requires an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date differs from the date you purchased the appraisal. We're comfortable with the techniques and what it entails to complete a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to 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, resulting in the utmost discretion. |