This practical booklet covers the strategies that need to be understood by family lawyers when negotiating a family law property settlement or formulating orders to be made by the Family Court. Accountants and financial planners may also find this booklet of assistance when creating a financial plan for their clients. With care, the inevitable financial loss to both parties can be kept to a minimum, and unwanted revenue expenses can be avoided. Failure to take such issues into account can have disastrous consequences for the client, with a corresponding negligence action against the professional adviser.
This booklet was first published for the Australian Family Lawyer’s National Convention in October 1998, and has been constantly revised and updated.