Wills and Blended Families: Safeguarding the Family Home and Supporting the Surviving Spouse In blended families, drafting a will involves crucial decisions to ensure both the surviving spouse and children from previous relationships are adequately provided for. This is particularly important when the family home is...
You may have made a nomination to your super fund as to who receives the balance of your superfund upon your death, but do you know if your nomination is binding?...
The Family Law Act defines superannuation as ‘property’ which is capable of being divided between the parties of a marriage or a de facto relationship. However, superannuation is treated differently to other assets. There are specific laws which regulate superannuation, including the process of...
The Australian Government has released exposure draft legislation and explanatory material that amends the Taxation Administration Act 1953 and the Family Law Act 1975 to facilitate the identification of superannuation assets by parties to family law proceedings, leveraging information held by the Australian Tax Office...