Testamentary trusts can be very effective estate planning tools to assist in providing for spouses, children and grandchildren, and are becoming increasingly popular as more people become aware of their advantages. A Testamentary Trust is any trust established under a will, but the term is usually used in the context of a discretionary family trust… Read More
Many couples separate on good terms, which is great. The breakdown of a relationship can be difficult, however putting differences aside to move forward can be beneficial, particularly where children are concerned. Ex-partners who remain on good terms may choose to make informal arrangements regarding the division of their property. However, the failure to legally… Read More
Will you need to pay back the ATO for JobKeeper It is still surprising to consider how rapidly things have changed for employers and employees in 2020. COVID-19 cases were first reported in Australia on 25 January 2020. By 30 March 2020 – just 2 months later – the Australian government announced an “historic wage… Read More
How to handle redundancies in your business With Australia experiencing its first recession in almost 30 years, redundancies have been an increasingly common feature within the employment law sphere. While many people have been made redundant for legitimate reasons, many employers are using the COVID-19 pandemic as an excuse to “cleanse” their workplace, putting many… Read More
Does Spousal Maintenance Law affect you in Australia? Spousal maintenance is financial support paid by one party of a relationship to their former partner in circumstances where they are unable to adequately support themselves. It does not matter whether the parties were married or were in a defacto relationship. Section 72 of the Family Law… Read More
Child Support Financial support for children in Australia is governed by the provisions of the Child Support (Assessment) Act 1989 and the Child Support (Registration Collection) Act 1988. The effect of the Registration and Collection Act was to create the Child Support Agency. The Child Support Agency assesses and collects child support for dependent children…. Read More