Different stages need different work
A preliminary assessment for private discussions is not the same as a formal expert report for court proceedings. We first ask how the work will be used, who will instruct the valuer and what directions or agreement apply.
Understand the business behind the numbers
Relevant questions may include the owners’ working roles, remuneration, personal and business goodwill, related-party balances and the ability of the business to maintain earnings. The analysis needs reliable evidence rather than a presumption that all reported profit is transferable.
Agree appointment and suitability first
Where expert evidence is needed, the appointment, qualifications, independence, instructions and report requirements must be checked. The standard business valuation package is not represented as a court expert engagement. Court-related work is separately assessed and scoped.
Further reading: the Federal Circuit and Family Court of Australia on expert witnesses.
Keep the valuation in its proper role
The report addresses the agreed valuation questions. It does not determine the property settlement or provide legal advice about each party’s entitlement. Your family lawyer should guide how the evidence fits within the broader matter.
Our sister brand for family law matters
Family law valuation work across the group is also delivered under Family Law Valuation Co., which publishes its own fixed fees for settlement reports and court expert engagements. Either entry point reaches the same valuer.
General information only. Your circumstances and the agreed engagement determine the work required.