This session provided an overview of how families can resolve the legal aspects that follow the breakdown of their relationship. With a focus on the particular challenges facing families living in regional and rural areas, we explore how the interaction of family and taxation laws may affect your clients, including:
- a general overview of the family law process
- how the Family Courts decide property settlements, including with respect to property owned by trusts and inherited property
- is there a discrete class of "farming cases'?
- minority interests
- taxation debt substitution (Tomaras)
- Ss109J, 126-5 and 126-15 of the Taxation Act
- consent orders v Binding Financial Agreements.