Package includes:

Online CPD Module  l  Electronic booklet  l  PowerPoint Presentation

Package Fee (incl GST)

• $125 - NZLS members and Associate members
• $175 - Non-members

Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.

Online CPD Module

Increasingly family lawyers need a sound degree of financial knowledge when they are dealing with relationship break-ups when there is a property in dispute. This seminar will provide you with the background to better understand valuation theory and how it is applied in practice with a focus on practical issues for family lawyers which will assist in quantifying relationship property, better managing your experts and critiquing opposing expert evidence.

• A brief overview of how to read and make sense of financial statements
• A summary of the fundamental issues that should be understood in any valuation; to include:
  - a discussion on fair value versus fair market value, and personal goodwill versus business goodwill
• A review on how to form a view on whether a business is worth valuing
• An overview on how to trace property that has been “secreted away”
• A discussion of why valuers disagree and strategies to deal with disagreements
• An analysis of the various approaches used to value different categories of property in a relationship property dispute
• A discussion of economic disparity following Scott v Williams
• A brief overview of miscellaneous valuation issues including:
  - contributions of the partners to the relationship property: post-separation contributions
  - valuation issues which arise out of interests in trusts.

Please contact us if you use a dial up internet connection.

Learning objectives

By completing this module you will be able to:

• A greater understanding of financial statements and the fundamental issues in any valuations.
• Practical tips and real life examples on how to apply this knowledge when advising your clients.

Electronic paper 

Authors: Tony Davis, Robyn von Keisenberg
Published: 26 March 2019
Pages: 116

Introduction

You can be excused for approaching the topic of valuation, and in particular, relationship property valuations with some degree of trepidation. Some of the financial theory and mathematics that underly the science and art of business and company valuations defy the desire for easily implemented solutions and answers. The theory and practice of business and company valuations challenges even the most knowledgeable of minds within the business, academic and legal communities.

It is not possible to turn you into an expert valuer in this seminar (and you probably don’t want to be one), but we will endeavour to explain the core elements of valuation theory, principle and practice to enable you to better perform your role as a practitioner in the field of relationship property law. Although the complexities, variations and nuances of valuation can be challenging, we hope this overview will provide you with helpful insights and practical tips.

Following that, we provide an overview of the theory and principles of business valuation and explain how these are applied in practice, and discuss some of the important nuances in the application that may help you better advise your clients.

Finally, we look at some specific relationship property related valuation issues including economic disparity and valuation of trusts, before finally offering some tips on how you might get the best from your expert.

PowerPoint Presentation

These are the slides included in the presentation.