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Lawyers Who Understand Complex Property Settlements Including Trusts, Businesses, and Self-Managed Superannuation Funds
When it comes to complex property settlements, having a lawyer who understands the intricacies of trusts, businesses, and self-managed superannuation funds (SMSFs) is invaluable. These settlements require specialised knowledge, and at ALA LAW our team comprises of Accredited Specialists in Family Law who have extensive experience in all facets of complex property settlements.
Unpacking Trusts in Property Settlements
Trusts can be a particularly challenging aspect of property settlements. Lawyers must have a thorough understanding of trust structures to ensure that it is appropriately identified as an asset within the property pool or a financial resource, and then to determine how these interplay within the property settlement. This includes identifying any hidden assets or income streams that may be part of the trust.
Managing Business Interests in Property Division
Business interests also add a layer of complexity to property settlements. Lawyers need to understand the business at hand, understand how it is structured, the assets it owns, its ongoing contracts etc to evaluate the business’s worth, consider its ongoing management, and determine the best way to divide business interests without disrupting operations. This often involves working with financial experts and valuers to achieve the best outcome for both parties without effecting the business and future profitability.
Self-Managed Superannuation Funds (SMSFs) in Settlements
Self-managed superannuation funds (SMSFs) are another critical component that requires careful consideration and an in-depth knowledge of the rules, regulations of SMSF’s and how they converge with the Family Law Act and property division.
Lawyers must be knowledgeable about SMSF regulations and how to handle the division of these funds during a settlement. This includes ensuring compliance with superannuation laws and protecting the fund’s integrity.
At ALA Law our Managing Director Amanda Little is an expert in SMSF, compliance, regulations and drafts bespoke division orders limiting taxation and other complications within the SMSF on separation.
Your Partner in Property Settlements
Experienced family lawyers such as ALA Law who specialise in complex property settlements can provide the necessary expertise to address these challenges. We work
closely with clients to develop strategies that protect their interests and achieve a fair outcome.
Talk to the ALA Law Team Today
Understanding complex property settlements involving trusts, businesses, and SMSFs requires specialised legal knowledge. Lawyers who are well-versed in these areas can provide essential support and guidance, ensuring that clients receive a fair and equitable settlement.
If you have a complex property settlement, talk to the team at ALA LAW.
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