In the past, I’ve written specifically about separation and divorce when both parties are involved in the business. If that is what you are looking for, click on the title here: When a Couple in Business Together Separate – Business Ownership & Divorce. This article about divorce and business partnership, however, addresses third parties to […]
READ MOREAsset Protection Strategies In The Family Law Context: Binding Financial Agreements
As a financial adviser, accountant or lawyer outside of family law, you are likely to be familiar with Binding Financial Agreements (BFA). But do you make your clients aware that these can be used as asset protection strategies? With the increase in blended families and separations in recent years, exploring all options for your clients […]
READ MOREOver 50’s & New Relationships: Are Prenups Effective?
Are Prenups effective? If you are over 50 and either in a new relationship or embarking on a new one, you may be looking into whether a Prenuptial Agreement is something you need. This article covers some commonly asked questions about Prenuptial Agreements: What is a Prenup? When should prenups be considered? Is a prenup […]
READ MORECGT and divorce | How to minimise financial consequences for divorcing clients
As an accountant, you are often one of the first professionals to become aware of the impending separation or divorce of your clients. As people in a position to help provide guidance on a family’s financial affairs, when the process is underway, you will be aware that your role does not end when your clients […]
READ MOREHow to choose a divorce lawyer: 5 tips to help you find the right divorce lawyer for you
What makes a good family lawyer for one person, might not necessarily make them a good fit for someone else. When you are going through a separation, it can be a daunting and confusing time to know what to look for and how to choose a divorce lawyer. In this article, I share what I […]
READ MOREWhy you need to be acting on your parenting arrangements or property settlement now
Every year we, as family lawyers, anticipate that the lead up to the festive season holiday period is going to be incredibly busy with parenting matters. That is because for families going through separation and divorce, there is a need for separated families to determine who is going to see or have the children on […]
READ MOREAccountants: Gifts and Inheritances – How are they treated in a Property Settlement?
Property settlements can be complex and when you add “gifts” and “inheritances” into the mix, it can make things even more complicated. As an accountant, you may find that your clients are confused about how a gift or inheritance will be treated in their property settlement. If you aren’t familiar with how gifts and inheritances […]
READ MOREThe impact of divorce on businesses and business partners
The process of going through a divorce is complicated enough but when you add business ownership into the mix it can become a whole lot more complex. Divorce and business partners People who own businesses and are impacted by divorce typically fall into two categories. There are businesses that are owned by one of or […]
READ MOREHow we manage work: Our approach at Phillips Family Law
Just like every business, all law firms work differently. This is because we all have different values and skills that we put ahead of others, which creates unique working environments and cultures. In this article, Tony Phillips, the Managing Director of Phillips Family Law, shares his views about how manages his team and what is […]
READ MOREWhat happens in a divorce settlement if someone had an affair?
Infidelity is one of the key causes of divorce in Australia. When going through the separation and divorce process there can be confusion around whether or not the Court will take the affair into consideration when making decisions about your settlement. As family lawyers we are often asked about the impact of infidelity on the […]
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