Close
My Cart (0 items)

Login to TEN

Privacy Policy
Return
My Cart (0 items)
75654
Recorded Online Conferences

Hear from the experts at this online lunchtime conference. You can watch it on your computer or on your portable electronic device from anywhere.

Date/Time

About the Recorded Online Conference

You can put your staff in the boardroom and watch it there. You can watch it on your computer or on your portable electronic device. All for the same low price.

The conference will be based on our highly successful video webinar technology: there’ll be a chairperson, a panel of experts, presentations and discussion.


Session 1: Tax Imperatives for Family Lawyers

A recent High Court case has found that a tax debt of one spouse can be shifted to another during a divorce property settlement. This significant decision, along with the recent Full Federal Court decision of Ellison v Sandini Pty Ltd is a timely reminder for family lawyers of the need to consider tax in property settlements. This session unpacks these important decisions and provides a tax law perspective on preparing settlement orders. It covers:

  • Treatment of tax debts following Commissioner of Taxation v Tomaras
  • When should the more financial spouse consider discharging the tax debt by other means?
  • Considering CGT implications and rollover relief in family law property settlements
  • Lessons from Ellison v Sandini.
  • The use of the ‘and/or nominee’ clauses in property consent orders
  • Circumstances where you do not want the CGT rollover to apply
  • Transfers of assets and payments from private companies – application of Division 7A
  • Who bears top-up tax liability?
  • How can family lawyers mitigate the risks of future tax liabilities?


Session 2: Estate Planning for Family Lawyers: Meeting at the Crossroads

Family law practitioners are not just a litigator and dispute resolution specialist. They also need to help manage risks to prevent family law headaches in the future. This session examines the intersect between estate planning and family law and how to best manage future risks, including:

  • Understanding how a client owns assets and how they will be treated:
    • assets in discretionary trusts
    • super funds
    • jointly owned property
    • assets in personal name subject to loans
  • Identifying and balancing the needs of competing beneficiaries
  • Choice of executors
  • The role of powers of attorney
  • Use of testamentary trusts in estate planning – what does a family lawyer need to know?
  • Relevance of financial agreements in family provision claims
  • Case study: Estate planning for blended families


Session 3: When Bankruptcy and Family Law Collide

When relationship breakdown coincides with bankruptcy, a messy situation becomes a whole lot more complicated. This session examines how family law proceedings are impacted by bankruptcy of a party, including:

  • Bankrupt’s standing in family law proceedings
  • Clawback powers – how this impacts family court proceedings
  • Dealing with unsecured debts
  • How are interests of a trustee in bankruptcy relevant to section 79 of the Family Law Act?
  • Creditors versus non-bankrupt spouse
  • Rights of creditors versus trustees in bankruptcy to set aside financial agreements
  • Rights of trustees in bankruptcy under section 75(2)(ha) of the Family Law Act
  • Cost issues and bankruptcy in family law proceedings
  • Case law update

The Faculty

Gerry Holmes, Barrister, Melbourne (Chair) Patrick Ellwood, Director, Clover Law, Brisbane Nathan Yii, Director, Nathan Yii Lawyers, Melbourne Matthew Beckmans, Senior Associate, Forte Family Lawyers, Melbourne

CPD Information

Lawyers can claim up to 3 CPD units/points – substantive law.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Event Coordinator, Hayley Williams—Cameron on (03) 8601 7730 or email: [email protected]

Go to top