How to Transfer Property Out of Family Companies & Trusts

How to transfer out

Transferring property from family companies and trusts in Family Law settlements is fraught with a number of potential problems including: Capital Gains Tax Stamp Duty Division 7A GST The incorrect approach can create both current capital tax tax liabilities and future capital gains tax … [Read more...]

Collaborative Family Law Video

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 … [Read more...]

Forensic Accounting for Family Lawyers – Seminars

family-law-seminar

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 … [Read more...]

Family Law Superannuation Splitting – Property In SMSF

commercial property in SMSF

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 … [Read more...]

Family Law Intensive Sydney

family law intensive

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 … [Read more...]

Family Law Business Valuation Methodologies

business valuation methodologies

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 … [Read more...]

Challenging Business Valuations in Family Law

Challenging business valuations in Family Law

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 … [Read more...]