Dividing marital assets?
We understand that divorce is a painful process. There are numerous issues looming, including the status of the shared residence. There are generally two choices when it comes to real estate - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the mutual real estate.
Contact us Frigoletto & Associates Inc. can help if you need an appraisal for the purposes of a divorce or other division of assets.
An appraisal for the purpose of assent division requires a well-established, professional value conclusion that is defensible to a judge. When you order an appraisal from Frigoletto & Associates Inc., you are assured the best in service with courtesy and well-supported conclusions. Taking into account the special needs of a divorce situation is not a problem for us.
Attorneys in MA as well as accountants rely on our appraisals when calculating real property values for estates, divorces, or other disputes where it is important. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal reports for courts or various agencies that meet or exceed their requirements.
For lawyers handling a divorce, your case's material facts often requires an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you requested the appraisal. We're experienced with the procedures and what it means to develop a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. For each divorce appraisal we perform we keep in mind that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, resulting in the utmost discretion.