import ipaddress


def validate_ip_address(ip_address):
    """Validates a given IP address.

    Args:
        ip_address: IP address to validate as string.

    Returns:
        True if the given string is a valid IPv4 or IPv6 address, False if not.
    """

    try:
        ipaddress.ip_address(ip_address)
        return True
    except ValueError:
        return False