Family Law – Property In 2020 And Beyond

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Family Law Property In 2020 And Beyond
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• The Family and Federal Circuit Courts of
  Australia, along with lawyers that practice in
  the area, address an array differing personal
  property and situations that traverse most areas
  of law. Lawyers consider all property and
  liabilities held by parties, including those held
  in overseas countries. Property is defined widely
  in Family Law Act 1975, and by the cases that the
  Courts have adjudicated upon since 1975.

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• Family Law property includes not just the home
  household contents, but motor vehicles, boats,
  yachts, artworks, intellectual property,
  royalties, collectables such as stamps or coins,
  bitcoin, superannuation and anything or objects
  that may have a value ascribed to it.

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• The breadth of structures family lawyers address
  includes mum and dad type structures, small
  trading entities right through to companies and
  often include complex trust and company
  structures that may have multinational linkages.

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• Taxation, including Capital Gains Tax,
  succession planning and Wills and Estate Law are
  always being considered from early in a matter.
  Providing advice to best service our clients
  needs is always of paramount importance.

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• In 2020 the complexity of even basic property
  adjustment matters is complex given myriad of
  structures and property that people own or
  control. This is made more complex by the global
  nature of travel and the level of sophistication
  driving new emerging economic markets made
  possible by high powered computer systems.
  Whether in Australia or overseas, the advice
  regarding Family Law requires a diligent approach
  to our clients individual needs and
  circumstances.

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• The common misconception of an opinion that, I
  will get half of everything is inaccurate and
  unhelpful in an ever increasingly complex set of
  life circumstances that are engaged in by
  clients. The just and equitable outcome of any
  matter is determined by its own unique set of
  facts and circumstances. It is always important
  to obtain legal advice regarding Property matters
  at an early stage so that considered decisions
  can be made in what are very trying times for
  clients.