Family Law

Collaborative Family Law Video

by Arnold Shields 19 July 2011

Video is a very powerful way to promote your business. This very well produced video by Kenna Law in Melbourne explains the collaborative family law process. It certainly raises the bar in terms of video production, but there are numerous instances where simply made videos are able to promote your practice. Creating videos from simple Powerpoint presentations is a simple [...]

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Forensic Accounting for Family Lawyers – Seminars

by Arnold Shields 15 April 2011

We are pleased to announce two seminars for Family Lawyers to held in Sydney (3 May 2011) and Parramatta (10 May 2011). These seminars, covering creative accounting, business valuations and tax optimisation of property settlements will be jam packed and quick with each session only 30 minutes. To book your tickets go to: Sydney 3 May 2011 6:00pm to 7:30pm: [...]

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Family Law Superannuation Splitting – Property In SMSF

by Gavin Bateman 30 March 2011

A common problem in Family Law Superannuation Splitting is how to split an interest in a self managed superannuation fund (SMSF) where the fund owns a commercial property. The husband and wife own a self managed superannuation fund (SMSF). The SMSF holds a business real property worth around $400,000 and some cash of about $1,000. The husband’s business (a company) [...]

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Family Law Intensive Sydney

by Arnold Shields 12 February 2011

Today, I am at the Family Law Intensive Sydney put on by the Family Law Section of the Law Council of Australia. One of the highlights every year of the conference is the overview of the latest cases by Justices Boland & Watts. Of particular interest to me, as a forensic accountant, were the cases associated with property, but I [...]

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Family Law Business Valuation Methodologies

by Arnold Shields 24 January 2011

There are five basic business methodologies used in Family Law matters as detailed in Wilde & Wilde (2007) FamCA 1044 : Discounted Cash Flow Capitalisation of Future Maintainable Earnings Value of Net Tangible Assets ( going concern basis) Notional Realisation of Assets Capitalisation of Future Maintainable Dividends The article provides a brief discussion of the various models. Discounted Cash Flow [...]

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Challenging Business Valuations in Family Law

by Arnold Shields 17 August 2010

I recently gave a presentation for Legalwise Seminars on Understanding and Challenging Business in Family Law at the Hilton Hotel Sydney. Audience participation really picked up on the two main areas of Future Maintainable Earnings valuations being the valuators subjective opinion on the level of future maintainable earnings and the capitalisation rate. The biggest mistake made by accountants in preparing [...]

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Collaborative Law – Nigerian Letter Scam

by Arnold Shields 6 April 2010

There is a new version of the Nigerian Letter Scam targeting law firms with the promise of work in collecting unpaid amounts in Family Law Collaborative settlements.

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