
In the event of divorce, there are considerations not only about what happens to the client’s super, but also their ongoing membership of the SMSF…
Files Stibbe Lawyers partner Dean Stibbe said he dealt with people all the time who were experiencing massive problems with their loved ones’ estates because they hadn’t made a legal will, power of attorney or other provisions…
WHAT happens to your super when you get divorced? In theory the super assets are included in a couple’s total balance sheet and split just like any other asset. The couple can do this by mutual agreement or the Family Court can enforce its decision on the couple…
You won’t be surprised to hear that the super laws surrounding divorce are complex, and self-managed super fund trustees are obliged to discharge their trustee duties impartially, as well as look after their own personal interests…
WEALTHY husbands who split from their wives after a long marriage are less likely to walk away with the lion’s share of the assets following a landmark full Family Court decision…