Questions & answers
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Clear answers about report types, fees, documents, timing and ownership interests: 62 questions, each with its own address on a topic page.
Family law business valuation basics12 answers
The questions people ask first when a business forms part of the property pool: what a family law business valuation is, who prepares it, what it covers and how it is used.
- What is a family law business valuation?
- What is the difference between a Settlement Valuation and a Family Law Expert Valuation?
- Can a Settlement Valuation be used in court?
- How long does a valuation take?
- Who can instruct you?
- Whose side are you on?
- What information do you need to start?
- Can you value a minority interest, a trust or a group of related entities?
- What does it cost?
- Do you work Australia-wide?
- I do not know which service I need. What should I do?
- Do I need a business valuation for a divorce or separation?
Settlement Valuation9 answers
Questions about the fixed-fee Settlement Valuation: what it is for, what it includes, how long it takes and what it is not prepared for.
- Can I use the Settlement Valuation in mediation?
- Can my former partner and I instruct it jointly?
- What if the other party disputes the valuation?
- What if I do not have all the documents?
- Do you value the whole business or just my share?
- Is the fee really fixed?
- Will you speak directly to my lawyer or accountant?
- Can I tell you what number I need?
- Can I start with a Settlement Valuation and move to an expert report later?
Family Law Expert Valuation9 answers
Questions about the Family Law Expert Valuation: the conflict and suitability assessment, instructions, the duty to the Court, what it includes, timing and additional work.
- What is a single expert, and can you act as one?
- Who is the expert?
- Is the report court approved?
- What does the Family Law Expert Valuation fixed fee cover?
- What costs extra?
- Can one party instruct an expert report, or must it be joint?
- What if the parties disagree about the facts?
- Will the expert attend court?
- How long does an expert report take?
Fees9 answers
Questions about the two fixed fees, GST, what each fee includes, additional work and the upgrade credit.
- How much does a business valuation cost for a divorce or property settlement in Australia?
- How much does a business valuation cost for family court proceedings?
- Are the fees really fixed?
- What could increase the fee?
- Is the Settlement Valuation fee credited if I move to an expert report?
- Do the fees include GST?
- Who pays when a single expert is appointed?
- Are there any other costs?
- Is there a charge for the initial enquiry and scope review?
The process3 answers
Questions about the process from enquiry to final report: the conflict check, the scope stage, the documents, the draft for factual review and delivery.
For family lawyers, mediators and accountants8 answers
Questions family lawyers, mediators and accountants ask about instructing, joint appointments, single experts, timing and how we communicate.
- Will you review a draft letter of instruction before we engage you?
- Can you be jointly appointed as a single expert?
- Can you tell us whether a Settlement Valuation is enough for our matter?
- How do you handle gaps in disclosure?
- Will you communicate with the other side?
- What are your turnaround times?
- Can you give a fee before the instructions are settled?
- Are you on a court panel or approved by the Court?
For individuals7 answers
Questions from people going through separation: what to expect, what it costs, what to gather and what we can and cannot do.
- My former partner owns the business. Can I ask for a valuation?
- I own the business. Will the valuation be used against me?
- Do I need a lawyer to instruct you?
- What if the business is worth less, or more, than we thought?
- Will you talk to my former partner?
- How much of the business value is mine?
- Is my enquiry confidential?
What we value5 answers
Questions about the businesses, practices and ownership interests that can be valued, and the issues a family law business valuation considers.
Clarity starts with a conversation.
Tell us a little about the business. We help identify the right report and confirm the scope before you commit. Not ready to enquire? Start with a free 15-minute consultation, at no cost and with no obligation. Based in Double Bay, Sydney, and working with clients and their advisers across Australia. Or call 0433 475 518 or request a call back. Phone hours are 8am to 6pm, Monday to Friday (Sydney time).