Bringing in an independent valuer can lead to the kind of clarity that champions resolution. This clarity is always based on achieving equitable outcomes.
When a family law valuation is required, it can be a difficult time for both parties. Working with Main Valuation allows an unbiased party to provide the information you need to move on with clarity. A valuation from Main Valuation covers a complete plant and equipment assessment of business and novel personal assets. These novel assets may include a vintage car for example – a tangible asset that doesn’t have a clear value. Our work is focused on assigning equitable values so that you can resolve negotiations with certainty.
The importance of impartiality
The work that we do in family law valuation is conducted with a firm focus on impartiality. This allows us to remain neutral and deliver a fair valuation that can aid both parties in moving on with clarity and confidence in the final asset values. This is more than a code of conduct; it is the ethical undertone which we stand by at Main Valuation.
Family Law valuations from Main Valuation are typically based on market values. A market value, as defined by the IVSC, is the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing, and where the parties had each acted knowledgeably, prudently, and without compulsion. (IVS 104 p18 30.1) The intention of market value is to ascertain what the items would trade for if sold under normal market conditions, without pressure to sell.
The information required
In order to complete a family law valuation, information around asset history, asset ownership, supplier details, and fixed asset registers may be required. We also look at asset condition, installation costs, freight costs, asset class movement over time, engineering costs, and technological advancements to gather a detailed understanding of the markets your assets are likely to trade in. Your valuation from Main Valuation will take all of these factors into consideration, providing you with the clarity to move forward with confidence.