We represent business owners, including sole traders, partners, company directors, and self-employed professionals or their spouses. These clients often have intertwined personal and business affairs that require careful navigation.
Business Owners
Business owners typically navigate complex property and financial settlements, including business valuations, tax compliance, and spousal maintenance disputes.
Common Issues or Challenges
Business owners or their spouses face significant challenges in separation and divorce, including:
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Valuation of the business and complex ownership structures
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Addressing employment issues when a spouse is involved in the business
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Compliance with tax and SMSF regulations
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Managing spousal maintenance, especially when the spouse is financially reliant or is involved in the business
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Parenting arrangements, including live with and spend time with arrangements with children, choice of schools, and maintaining stability amid business commitments
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Child Support commitments and arrangements
We have more Accredited Specialists in Family Law than 85% of all law firms in NSW.
Ways We Help: Common Solutions, Strategies, or Outcomes Sought
- Engaging financial experts and business valuers to accurately assess the value of the business and its assets,
- Advise on likely outcomes to enable efficient coordination with accountants, financial advisors, and mortgage brokers to ensure access to funds for property settlements and future financial needs,
- Identifying possible tax implications from a property settlement and coordinating tax advisors and financial planners to implement tax minimisation strategies,
- Identifying non-compliance of SMSF and liaising with accountants to ensure compliance prior to superannuation split,
- Drafting parenting arrangements that account for both business and personal commitments, ensuring stability for children in terms of schooling and activities,
- Negotiating and drafting binding child support agreements to avoid assessment and collection by the Child Support Agency.
Your First Step in Your Family Law Journey
Make a Smart Start
- 90-minute appointment with a Specialist Family Lawyer
- Get all your questions answered and understand applicable Family Law processes
- Comprehensive on-the-spot legal advice tailored to your circumstances
- Develop a plan to secure your best future
- $350 Fixed Fee (incl GST)
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