Before negotiating or litigating a family law settlement all assets (including any business assets) need to be valued, either by the parties ascribing an agreed value of appointing an expert accountant to independently value the asset.
However, in light of the current COVID-19 crisis and the Australian and Victorian government’s response (where we have seen whole industries limited in their ability to trade) how are expert accountants valuing small to medium-sized businesses in the current economic climate?
Find out more about Nicholes Family Lawyers at https://nicholeslaw.com.au
Disclaimer: Nicholes Family Lawyers intends the information provided in this podcast as general information only, please contact Nicholes Family lawyers if you require specific information and advice in relation to any family law matter.
Useful Links:
Kids Helpline: a free, private and confidential telephone counselling service – 1800 55 1800 or https://kidshelpline.com.au/
Parent line: a state-wide counselling and support service for all Victorian parents – 13 22 89 or 1300 272 736
Safe Steps: a domestic violence hotline service for women and children – 1800 015 188 https://www.safesteps.org.au/
WIRE Helpline: free support, referral, and information for all Victorian women (non-binary and gender diverse inclusive) – 1300 134 130 https://www.wire.org.au/
Relationship Space: an online program to help parents manage divorce – https://www.relationshipspace.com.au
Online Family Violence Intervention Order Application – https://fvio.mcv.vic.gov.au
Relationships Australia: https://www.relationships.org.au/