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The Treatment of Trusts in Family Law
It is a common, but erroneous, belief that assets held in a trust are, in some way, protected in family law property negotiations.
It is important to understand how trusts may be treated by the Family Law Courts when determining financial matters arising from the breakdown of a marriage or de facto relationship.
Five Things to Consider when Contemplating Separation
Following the breakdown of your relationship, whether marital, de facto or same sex, can be a very distressing and highly emotional time. You may find yourself having to contemplate issues relating to children, finances and property caused by the change in your circumstances. It is important to develop an action plan.
Family Dispute Resolution Requirements in Family Law
By Carmel Morrison, Senior Associate Family law regimes in Australia encourage separated parties to make a genuine effort to avoid going to Court by engaging in litigation as a last resort. In certain circumstances parties are obliged to attempt resolution of their disputes by a process known as Family Dispute Resolution (“FDR”). It is generally…