Family companies often hold significant assets therefore they can often raise a lot of challenges in family law property settlements. Whether it is the spouse that controls the company and knows it’s workings intimately or a spouse that has no understanding of the company structure and operations, there is a lot to consider.

- This webinar presentation will consider questions such as:
- What are the positions in a company?
- What is ‘control’? and what is a ‘mere puppet’? and does it matter?
- Are company assets excluded from the matrimonial pool?
- What if company assets are being disposed of without agreement?
- How do you get information on a company?
- How do you value a company?

This presentation will provide easy to understand information and practical tips to demystify this area of family law

Disclaimer
This video contains general comments only and should not be relied upon as specific legal advice. Readers should contact this Office for detailed information or advice on any topic in this video. Changes to the law occur regularly, no responsibility for any loss or damage caused to any person acting in reliance on this video and general information shall be accepted by this Office. No part of this video may be included in any document, circular or statement without our written approval.

0:00 MICHAEL LYNCH FAMILY LAWYERS
01:17 ACCOUNTANTS AND PROPERTY SETTLEMENTS
01:44 PROPERTY SETTLEMENT PROCESS
04:27 IDENTIFICATION OF ASSETS, LIABILITIES AND SUPER
05:18 IDENTIFICATION PROCESS
10:11 INDICIA OF CONTROL
14:34 THE FAMILY BUSINESS
19:43 SPECIFIC ADVICE ON PREPARING DOCUMENTATION
20:27 CAPITAL GAINS TAX
25:50 TREATMENT OF LOAN ACCOUNTS
27:59 STAMP DUTY
31:07 CONTACT US FOR FAMILY LAW ADVICE