What Are You Worth in Your Property Settlement?

12 Mar
2021

What Are You Worth in Your Property Settlement?

What Are You Worth in Your Property Settlement? That is (sometimes) the million-dollar question. In determining what a client is worth in a property settlement, we (and the Court) utilise a 4 step process. The 1st step is to determine the value of the net asset pool that is available…

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14 Jan
2020

Bankruptcy Act – AustLII and Divorce Loopholes

Bankruptcy Act 1996 and Family Law Act 1975 - AustLII and Divorce Loopholes Under bankruptcy act 1966 law, creditors are unable to claim against a person’s estate if that person has declared bankruptcy. However, there are certain situations where bankruptcy act can be orchestrated to appear this way, so as…

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19 Oct
2017

What do the Federal Government amendments to the Family Law Act mean for Superannuation?

Superannuation in Family Law What does this mean for you? The Family Law Act was amended in 2002 to deal with superannuation. It gave power to the Court to deal with superannuation entitlements.  The amendments allowed the Court to transfer entitlements in the fund of one of the parties to…

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