Proper valuation of the family assets is an important part of every divorce or separation. The results can have a significant impact on each spouse’s financial position after legal proceedings have ended. Hiring a lawyer with experience in the complexities of property division, valuation and all related family law matters is critical.
Quay Law Centre is experienced in developing asset valuations and divisions that are based on sound legal and financial analysis. In consultation with you, we may have to hire professional valuators to determine the value of your family assets.
To divide an asset, both parties must first agree on its value or the value will be determined by the court. Our asset valuation lawyers, along with a trusted network of financial professionals, regularly facilitate the valuation of family assets such as:
- The matrimonial house
- Other personal and commercial real estate
- Any other family assets of value
Valuation of Business Assets
Business assets are not always classified as family assets. If you or your spouse owns a business or have an interest in a business, it is important to work with an experienced lawyer to determine if any or all of the business assets could be considered family assets or divorce assets for the purpose of division and distribution.
At Quay Law Centre, we may work to prove or disprove the classification of business assets as family assets, depending on our client’s goals. With assistance from financial experts, we will value any business assets that are considered family assets and pursue our client’s interests through negotiation, mediation or litigation, as necessary.
To schedule a consultation, contact Quay Law Centre online, or call us locally at 604-527-1161. From our offices in New Westminster, we represent clients in the Metro-Vancouver area, including Surrey, Fraser Valley, Tri-Cities, Burnaby, Kelowna, and any other area throughout B.C., Canada and internationally.