Valuations of Business for Property Settlements in the Family Court of Australia.  

Family Court Valuations are a specialised field of Valuation Practice.  When a Private Company or beneficial interest in a Business is involved, valuation can be oftentimes complex, but invariably adversarial. 

 

Since 2007 we have been completing 'Expert Witness' Fair Market Value Reports for matters in the Family Court. 

 

Our approach is based on the "Fair Market Value" methodology ie. the Value of the Tangible (eg. equipment, vehicles etc) and the Intangible (Goodwill, Profit) Assets of the Business.  (Legitimate liabilities need to be paid out to arrive at the asset 'pool' price ). 

 

'Fair Value' which estimates the value of shares in a private company including the liabilities does not represent what the open market would pay for the business.  Fair Market Value is defined as:  

“The most probable price which an asset should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby:

  • buyer and seller are typically motivated;

  • both parties are well informed or well advised, and acting in what they consider their best interests;

  • a reasonable time is allowed for exposure in the open market;

  • payment is made in terms of cash in Australian dollars or in terms of financial arrangements comparable thereto; 

  • the price represents the normal consideration for the asset sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale.

Avantia Corporate Services runs FREE in-house Seminars to assist Family Lawyers to the understand Business Valuations in Family Court Matters.

Seminar covers:

  • The difference between 'Fair Value' & 'Fair Market Value'

  • The difference between 'Book Value' and 'Fair Market Value' of P&E.

  • What are 'add backs' and how can they be hidden.

  • Various approaches in Valuing businesses.

  • Structuring an opposing opinion of Value

  • Insider Trade Secrets.

  • and much more......

For Lawyers - 1 X CPD Point Seminar
If you represent a Law Firm and would like to book a CPD Point Seminar on Business Valuation in your own offices or by interactive Webinar, please call Paul Nielsen on   07 30109711 or 0408824122. All Seminars are Complimentary and include a Certificate of attendance for participants.

© 2019 Avantia Corporate Services 

Level 5, 320 Adelaide Street

Brisbane, Queensland 4000

Phone:  (07) 3010 9711

Mobile:  0408 824 122

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