Splitting up assets?We understand that divorce is a painful process. There are countless decisions looming, including what to do with the shared residence. There are generally two choices regarding the shared residence - it can be put up for sale and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to commission an appraisal of the shared real estate. Contact us Bohnenstiehl Appraisals can help if you need an appraisal related to a divorce or other division of assets. An appraisal for the purpose of assent division needs a well-supported, professional value conclusion that is defensible to a judge. Bohnenstiehl Appraisals guarantees the very best in service with courtesy and well-supported conclusions. Working through the sensitive conditions of a divorce situation is not a problem for us. IL attorneys as well as accountants depend on our analysis when calculating what the real property is worth for estates, divorces, or other disputes where it is in question. We have an abundance of expertise working with everyone involved and are standing by to assist your needs. We submit appraisal documents that meet the requirements of the courts and various agencies. As an attorney representing a client in a divorce, your case's evidence frequently requires an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you purchased the appraisal. We're accustomed to the methods and the effort needed to do a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, guaranteeing you the utmost discretion. |