If you are seeking an independent professional company for Family Law valuations, then Vanguard Valuations is the company to engage the services of. Operating around Canberra and Sydney, we also conduct valuations and appraisals across the regions of ACT and the metropolitan area of Sydney through to Campbelltown, Sutherland Shire, Western Suburbs, North Shore, Blue Mountains, Wollongong and the Central Coast. Armed with twenty-five years of industry experience, our team conducts themselves with the utmost professionalism, integrity, transparency and honesty as well as independence. Our qualified Valuers operate closely with the Australian Valuer’s Institute (AVI) and you can be confident in our ability to conduct fair and efficient valuations including Family Law valuations. With highly-personalised client-focused service, Vanguard Valuations is driven to deliver succinct and comprehensible advice and reporting while ensuring strong attention to detail and cutting-edge processes. We deliver reports and our service within a timely manner meeting deadlines and we also can look after urgent requests when necessary. Our team understands the nature of the industry and that sometimes urgent Family Law valuations need to be conducted to help matters be settled quicker therefore we will work with you if you have an urgent request and ensure that you have the results quickly. We are leaders in Family Law valuations as well as for buying and selling, Capital Gains Tax and Stamp Duty Tax.
Family Law valuations can be useful and necessary when it comes to parties not in agreeance over the value of an asset such as a property or properties. This could include the division of assets between parties in the event of a divorce, deceased estates or internal family asset ownership disputes. Family Law valuations are often required fairly urgently due to the nature of disputes so that these matters can be attended to and resolved relatively quickly. Our fully-qualified and experienced Valuers understand the importance of Family Law valuations and how to appraise properties to determine a fair market value. What does this mean exactly? A fair market value is the highest figure that a buyer and a seller would accept for a property in the open market. This principle is core for Family Law valuations and other methodologies including comparable property values can be utilised. Our team is diligent and work with efficacy and accuracy to ensure a quality appraisal is performed and a detailed report delivered. The use of reports from Family Law valuations can be in negotiations and mediation as well as court proceedings during which a Valuer may be called upon to provide of what a property or what properties and assets are worth. We believe in making the process encompassing with all angles that are needed to be considered addressed in making a fair appraisal that is independent and accurate; no sloppy work from Vanguard Valuations.
What happens when business assets are involved in Family Law valuations? It’s a very good question when it comes to family disputes including divorce, deceased estates and internal family disputes. Fair market value is the optimum choice for valuing property and assets including businesses. While fair market value means the figure for which the asset could be deemed of value between a buyer and a seller where both parties act with knowledge and prudence. However, during the course of time with family court proceedings in relation to business assets, the “Value to the Owner” principle has been applied in such circumstances where a fair market value cannot be determined. Such a scenario might be if a person or parties hold a minority share in a company and the fair market value is difficult to determine because there is less likelihood of a willing buyer being interested in this smaller share. “Value to the Owner” is determined by the potential loss sustained by an owner if they were to lose the ownership equated with the value of the asset, however while this can be commonly accepted in Family Law Court, a fair market value is the best practice for the value of assets. All attempts and methodologies should be applied to determine a fair market value for Family Law valuations when business is included in the appraisal of assets.