Applications for finance

When getting assets valued for family law matters, the documents produced by the valuer must be in the format required by the Federal Circuit and Family Law Court of Australia. Theinspection must be conducted by a person who can demonstrate that he/she is qualified to act asan expert witness in court. There are many experts in various fields, most aren’t certified valuers. Because a valuer cannot be an expert in every case he may contract the services of an expert/s invarious fields and work in collaboration with them. The valuer would then compile, edit andproduce the finished report. In this way, a valuation report can include all the assets in one document saving time and money.

Probate matters are invariably sad times for estate beneficiaries. Many times, a valuation will be required to ascertain the worth of the deceased’s assets. He may have died intestate, there may be a dispute on the value of an asset, or a value may need to be placed on an asset offered for sale by the estate. These valuations must be in the correct format and be admissible as evidence in court if needed.

Agreed valuations are generally performed when an insurer or insured requires an independent valuation of an asset where a client has specified that such asset has more value than ascertained by reference to a price guide for whatever reason, modification, rarity, added equipment or modification for a specific purpose etc.