When a loved one dies, there are many practical and legal considerations for the family or friends of the deceased. Below is a brief guide to the some of the important considerations in the administration of the deceased estate. The first step is to determine whether the deceased left a will. The will sets out… Read More
The steps involved in determining how property is divided after the breakdown of a relationship generally include: identifying the assets, liabilities and financial resources of the parties; assessing the parties’ financial and non-financial contributions; evaluating the parties’ respective future needs; determining a financial settlement that is, in all circumstances, just and equitable. This is the… Read More
Cryptocurrency consists of encrypted digital forms of currency not distributed by banks. It also goes by the name of ‘cryptocurrency’. A popular example of a cryptocurrency is Bitcoin. As cryptocurrencies become more commonly used around the world, so too will their appearance in family law property settlements. This article provides guidance on how you can… Read More
It is important to understand the interplay of the laws governing superannuation, tax and succession when planning your estate. Appreciating how these laws interact can help avoid some common pitfalls in estate planning and may have a significant impact on the net (after-tax) proceeds received by your beneficiaries. When we refer to ‘death benefits’ we… Read More
As of 1 September 2021, the Family Court of Australia and the Federal Circuit Court of Australia merged to form one Court known as the Federal Circuit and Family Court of Australia (FCFCOA). A number of changes were introduced with this merger, including the requirement of a genuine steps certificate. Among other things, the genuine… Read More