Published on 22 Aug 2001
| Took place at Australian Mineral Foundation, Glenside
In December 2000 the Federal Government passed amendments to the Family Law Act which provide for the making of binding financial agreements before marriage, during marriage, or after separation and divorce.
In June 2001 the Family Law Legislation Amendment (Superannuation) Act was passed with the result that superannuation interests of separating couples will soon be able to split, either by agreement or by court order.
In order to properly advise thier clients, family lawyers and accountants need to be aware of the changes, as well as existing taxation provisions that relate specifically to divorcing couples.
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Author(s): Greg HOWE Topics covered in this seminar paper include:
- entering into legally binding pre-nuptial agreements
- entering into agreemetns during marriage (asset protection issues)
- dealing with split up of assets on separation or divorce
Author(s): Bernie O'SULLIVAN Topics covered in this seminar paper include:
- The new Laws - an overview
- Payment flags
- Splitting the Interest
- Determining the amount payable to a non-member spouse
- valuation and RBL issues
- CGT tips and traps
- Stamp duty concessions