Inheritance A common concern raised by clients is whether their former spouse may be entitled to their inheritance. Generally, the short answer is, family law property settlements include all assets, liabilities and superannuation acquired by the parties at first instance, irrespective of whether the asset is owned by one or both parties and whether the…
We are seeing an increase in matters featuring “digital assets” in family law. The most prominent of those is cryptocurrency. What is Cryptocurrency? Cryptocurrency is a form of digital currency, i.e. digital money. There are two defining features of cryptocurrency: Cryptocurrency utilises blockchain technology. Each “block” is a digital ledger containing information such as the…
The transfer of the asset from one spouse to the other spouse must be as a result of a Court Order or Financial Agreement in order to be eligible for CGT rollover relief.
As a general rule, it is difficult for a party to change final parenting orders as the Court aims to prevent parties from engaging in ongoing litigation.
Whether a child should be privately educated and, if so, who pays the cost of private school fees can be the subject of disagreement between separated parents.
Spousal maintenance (also known in other countries as “allowance” or “alimony”) is the financial support paid by one spouse to the other following the breakdown of a marriage or a de facto relationship.
Is it my best option to put a Caveat on the property to protect my interests or am I better off seeking a better alternative option? Get some accurate advice today to suit your needs.
The breakdown of a marriage or relationship and subsequent split of assets is always a challenging period. If assets are held within a self-managed superannuation fund, splitting this asset can be complex and extra consideration and care needs to be taken. This article provides a brief summary of some of the key factors to consider…
What options are available to reach an agreement in family law matters?
How Will A Loss of Income Affect My Child Support? The Effect of COVID-19 on Child Support Obligations
I’ve lost my job or experienced a reduction in my income. Do I still have to pay child support?