Be wary: seek accounting and financial advice before orders are made affecting the transfer of your property
It is important to work out with your financial advisers the effect on your taxation liabilities of a proposed court order. For example, a distribution from a private company as part of a family [...]
There are many examples of one party winning the lottery in his or her sole name having purchased the ticket with or without the knowledge of the other party.
Before I entered into my marriage I had savings. I used all of these funds to purchase with my husband our first home. Will I retain the full value of this asset on separation? The assessment [...]
Take this situation: The husband’s father gives the husband and the wife $250,000 before they separated for the express purpose to assist them in the purchase of their matrimonial home The [...]
On many occasions one or other partner in the marriage or the de facto relationship will receive an inheritance that is in some way applied to increase the asset base of the parties or paid to a [...]
The husband argued in a recent case that as he was the greater income producer and had maintained this position throughout the 28 year marriage so that his contributions should be treated in a [...]