Family Law: Property Matters
Issues covered include: binding financial agreements, shams and scams, tax risks, financial statements
Description
Delve into the complex area of property and finance as we navigate the intricacies you and your practice need to be aware of. Spend an engaging and interesting afternoon with our panel and expand your toolkit, with practical take home knowledge you can apply in your business immediately
Attend and earn 3 CPD points including:
1.5 points in Competency Area 2: Professional Skills
1.5 points in Competency Area 4: Substantive Law
This seminar was recorded in WA on 28 March 2019
2.00pm to 2.45pm: Updates on Binding Financial Agreements
- Professional responsibility relating to financial agreements for de facto partners
- Can a financial agreement concern only superannuation interests?
- Recent developments on financial agreements
Presented by Dr Anthony Dickey QC, John Toohey Chambers
2.45pm to 3.30pm: Shams and Scams, and How the Family Court Deals with Them
- What happens when written agreements or other documents evidence an apparent intention, but the other evidence shows that, in fact, there was no such intention?
- When might the parol evidence rule not apply to such ‘other evidence’?
- When may the term ‘sham’ be applied and when may the court properly ignore the terms of a written agreement?
- The principles of Raftland (2008)and the cases that follow it
Presented by Elizabeth Hynes and Katherine Bodey, Directors, DCH Legal Group.
3.30pm to 3.45pm Afternoon Tea
Competency Area 2: Professional Skills
3.45pm to 4.30pm: Trusts, Companies and Family Businesses: Tax Risks for Family Lawyers
- Division 7A: Why is it important and how are the rules changing?
- UPEs and Division 7A
- Strategies to deal with Division 7A issues
- Dealing with assets in trusts
- Triggering unwanted tax liabilities
- Strategies that can be utilised when determining the entity split
Presented by Daniel Taborsky and Aimee Riley, Senior Associates, EY Law
Competency Area 2: Professional Skills
4.30pm to 5.15pm: Understanding Financial Statements: For Family Lawyers
- The basics: reading and understanding financial statements
- Trash or treasure: How reliable are financial statements?
- How healthy is the business: identifying indicators of financial risk
- Taking a closer look: using some helpful tools such as ratio analysis
Presented by Dino Travaglini, Director, Travaglini Corporate Advisory