A matrimonial valuation is conducted to determine the financial value of assets, such as businesses, properties, or investments, in the context of a divorce or separation. Its main purpose is to ensure a fair and equitable division of assets between the parties. This type of valuation helps assess the worth of marital assets at the date of separation or divorce, providing a foundation for negotiating settlements.
Dividing marital property: Matrimonial valuations help establish the monetary value of jointly owned or disputed assets.
Calculating spousal support: It provides insight into each party’s financial standing, which can impact the settlement and maintenance decisions.
Ensuring fairness: It ensures transparency, allowing for a balanced division based on accurate, current values of shared assets.