CGT adds to the pain of divorce

Article Abstract:

Issues are presented concerning the provisions of the Family Law Amendment Act which can be used for the establishment of financial agreements between couples. The difficulties divorcing couples experience with capital gains tax is discussed.

Capital gains tax

---

New spouse super may trigger a revamping of divorce settlements

Article Abstract:

Coopers & Lybrand partner Michael Forsdick is hopeful that Australia's new spouse superannuation provisions will trigger legislative changes concerning the way courts can treat superannuation funds in divorce settlements. Though the government has been considering legislation that would allow the division of superannuation funds, little progress has been made.

Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Divorces, Management, Accounting and auditing, Divorce settlements, Forsdick, Michael

---

Divorce law, millennium style

Article Abstract:

Proposed Australian divorce law reform will reflect societal changes and will limit the powers of the Family Court, especially in terms of financial and property agreements and the division of superannuation funds. Family courts currently have the power to divide property 50/50, and new legislation may require the courts to provide detailed explanations for any variance. A proposed 50/50 split of superannuation funds will allow more women to receive assets. The Family Court also has the authority to override financial agreements between couples.

Australia, Legislative Bodies, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Pension & Benefit Regulation, Legislative Administration, Interpretation and construction, Cover Story, Pensions, Distribution, Powers and duties, Family law, Marital property, Family courts

Similar abstracts:

• Abstracts: Now poised to challenge AOL online: MSN; after many attempts, Microsoft tries again for a leg up in consumer Web services
• Abstracts: IT changes tack: in a tighter market, suppliers are having to sell the value their systems offer. Compaq battles for corporate cohesion
• Abstracts: At last, the industry makes a simple device that challenges the PC. Apple's iBook laptop has a cool, crisp look and performs to match
• Abstracts: Long memory in interest rate futures markets: a fractional cointegration analysis. Transaction Costs and Market Quality: Open Outcry Versus Electronic Trading
• Abstracts: New right, or wrong? A synthesis of Keynesian and monetarist thinking would have avoided the financial penalties that lie ahead

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.