LOOKING FOR FAMILY LAW VALUER

Just Property Valuations firm has been conducting Family Law valuations for lawyers/solicitors and Barristers as a “single expert witness” valuer for the Federal Circuit and Family Court of Australia for many years and understand the complexities that need to be addressed when preparing a valuation report.

The valuer must act as an independent expert, not as an advocate for either party. The report should clearly state that it is compliant with the Federal Circuit and Family Court of Australia’s expert witness rules. Ensure compliance with Expert Evidence Guidelines e.g., Family Law Rules 2021 – Part 15.5 in Australia. It must state that the valuation is for family law proceedings, which may influence the assumptions used, whether it be for hypothetical market transaction without duress or compulsion. Clearly specify the standard being used such as Fair Market Value, Net Realisable Value, or Market Value.

Detail the valuation approach used: Market approach using comparable sales or transactions. Income approach using discounted cash flow or capitalisation of earnings and Asset-based approach where net assets or replacement cost are looked at.

Valuer’s qualifications and experience in family law valuations are essential especially in Family Law requiring valuations for business ownership interests, real estate holdings, Trusts and company shares, superannuation entitlements.

Call Just Property Valuations for a confidential chat 0426 949 484