Family Tax Issues

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Family Law Tax Issues

 by Peter Szabo

The Difference between Hacking and Carving

Family Law Tax Issues when lawyers involved in financial matters are really undertaking forced estate  planning. As such, they and the financial experts also involved need to come  to grips  with the full ramifications of their  work in this regard.

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.

 

 

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