COVID-19 | What constitutes “exceptional circumstances” for the purpose of setting aside a Binding Child Support Agreement?

As discussed in our previous article, Binding Child Support Agreements are extremely difficult to set aside. There are only limited ways an Agreement can be terminated such as through the creation of a new Agreement, by entering into a “termination agreement” or by way of Court Order. Background The recent decision of Martyn & Martyn […]

Readmore

You, me and ‘we’: Is your business susceptible to being joined as a party to family law proceedings?

Business doesn’t always stay in the boardroom.  Business partners not only form commercial relationships with each other but may also unwittingly form relationships with each other’s life (or one night) partners.  If your business partner is going through a family law separation, you should be aware that you, or the business, may be joined as […]

Readmore

Putting your relationship to bed before jumping into another

As the composition of the Australian family continues to evolve and the number of blended families continues to rise, individuals exiting one relationship and entering another should not underestimate the importance of first finalising their financial relationship with their former partners. For many people, the breakdown of a marriage or de facto relationship involves significant […]

Readmore

Death tax? How the superannuation changes may lead to your dependants paying more tax

If you intend to leave your superannuation to a dependant (e.g. your spouse, child or children) by way of pension as opposed to a lump sum, then it is critical that you have your estate plan reviewed in light of the government’s superannuation changes commencing on 1 July 2017.   What are the relevant changes? […]

Readmore