tax issues in family law - 14TH eDITION

First published in October 1998 and now in its 14th Edition, this practical Family Law booklet has helped generations of family lawyers, accountants and financial planners steer clients through divorce and separation without compounding the pain with avoidable tax consequences. It explains how tax permeates every decision in a property settlement, showing where liabilities hide and how to structure outcomes that preserve more of the asset pool for both parties, covering property settlement tax, CGT, and GST implications.

What’s new? The booklet is updated to incorporate recent legislative changes to superannuation splitting, plus refreshed guidance on Child Maintenance Trusts and the ever-present “Bank of Mum and Dad,” reflecting how modern Australian families fund homes, school fees, and inter-generational support. Inside you’ll find clear, scenario-based tips across CGT on separation, trusts and companies (control, loans, distributions), GST traps, spousal maintenance and child support tax issues, and advance planning with binding financial agreements. This is focused on minimising tax leakage and professional risk while achieving fair, workable settlements under family law in Australia.

Whether you’re a family lawyer advising clients or you’re navigating a separation yourself (but get advice!), this edition combines decades of experience into cautions and strategies you can apply immediately in Australian family law matters.

If you intend to print this out, this is best printed out as a booklet, double sided.