What happens to superannuation after a couple separates?
Under the Family Law Act superannuation splitting laws enable couples to split their superannuation interests (transfer superannuation from one spouses fund to the other spouse’s fund) in family law property settlements following a...
Read MoreWhen couples separate, they often have this problem… how do we pay the mortgage?
Paying off the mortgage when separated or divorcing A separation or divorce generally causes major upheaval for both parties and issues often arises around paying the mortgage, dividing property...
Read MoreA Redundancy Payment is Property and Can Be Divided in a Property Settlement
A redundancy is where an employer no longer requires a person’s job to be performed by anyone because of changes in the operational requirements of the employer’s business. It...
Read MoreLump sum contributions in property settlements
It is often the case that in a marriage (or in a defacto relationship) one person makes a significant financial contribution by bringing substantial assets into the relationship or...
Read MoreDoing a deal with your ex-spouse has just been made a whole lot more taxing
On 30 July 2014, Taxation Ruling 2014/5 came into effect. This ruling has important tax implications for the shareholders of private companies who receive a payment of money or...
Read MoreProperty Settlements: Value of Assets & Debts – What is the relevant date?
The first step in a property settlement (marriage or de facto) is to compile an accurate list of the assets and debts, including values. Sometimes people have been separated...
Read MoreHow does the possibility of a future inheritance affect a property settlement?
There is no absolute rule; it will depend on the circumstances. The issue has been the subject of a number of applications for property settlement over the years and...
Read MoreProperty Settlement: How to Save Money on Legal Costs
How can I save money on my Family Law Property Settlement? If you want legal advice about your entitlement from a property settlement, you can reduce your legal costs...
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