We work with separating spouses and their family law lawyers where an independent business or stock option valuation is required in a Net Family Property (NFP) determination for purposes of the division of property on separation. This can be done in a collaborative manner (see Collaborative Family Law) or through the litigation process.
An independent, credible and experienced valuation professional can assist with your matrimonial separation or family law dispute to help facilitate a settlement or provide independent expert evidence in Court, mediation or arbitration.
WE CAN HELP
Call a VSP professional when you need financial assistance with the following:
- Business and stock option valuations for Net Family Property (NFP) determination
- Income assessment for spousal and child support purposes
- Review of an opposing expert’s report on business valuation or income assessment for support payment purposes
- Assistance with structuring the equalization payment
A summary of the process we typically follow with our litigation support matters is as follows:
Under the planning phase we have an initial meeting to discuss certain background information and determine the scope and timing of our engagement. An engagement letter is executed and we provide a schedule of the initial information we require. Preliminary research is also conducted.
Initial meeting to discuss background information, scope and timing of engagement
2. Obtain signed engagement letter
3. Provide preliminary information request
4. Conduct preliminary research
Preliminary review of opposing expert’s report
Under the execution phase we review the initial information provided, meet with management and provide a schedule of the additional information we require and/or follow up questions we have. We also conduct additional research (e.g. company, industry, economy, etc.) and complete our valuation analysis and draft report.
Assist with document production
2. Assist with examinations for discovery
3. Review and analysis of preliminary information received
4. Additional research – company, industry, etc.
5. Detailed review of opposing expert’s report
6. Additional information gathering, including follow-up meeting/interview of management
7. Preparation of draft report
Under the reporting phase we provide our draft report for management’s review, meet or speak with management to discuss the draft report, refine our analysis if necessary, obtain a signed management representation letter and issue our final report.
Meeting to discuss preliminary findings and draft report
2. Refine analysis and, if necessary, gather additional information
3. Obtain signed representation letter
4. Issue final report
5. Expert testimony at court, arbitration or mediation, if necessary