“My husband and I decided to try Collaborative Family Law. My lawyer and I didn’t agree with him and his lawyer about the value of our family-owed floral shop. We called my Family Advisor at Family Law Professionals and he sent a Chartered Business Valuator who prepared an assessment and gave the report to both our lawyers. Now we had something to work with to determine the real value of our business.”

With certain exceptions, all property or business acquired during the course of a marriage by either spouse is deemed to be the property of both parties, notwithstanding legal title.

Valuation determines the market value of a property or business for the purpose of legal distribution in accordance with the Family Law Act. Accurately determining the value of a property or business can minimize the need for litigation.

Valuators working for Family Law Professionals can assess:

1. How property is held
2. The value of businesses started prior to a marriage, during a marriage, and upon dissolution of a marriage
3. Pension plans
4. Prenuptial agreements
5. Profit sharing
6. Stock ownership plans

If litigation cannot be avoided, FLP’s Valuators can also assess:

1. Intrinsic value versus fair market value
2. Personal goodwill
3. Fair and reasonable owner’s salary
4. Discounts and premiums for minority versus control positions
5. The marketability of a business

All FLP Valuators are Chartered Business Valuators.