When a couple separates, there is often a difference in income. The Family Law Act provides for this with Spouse Maintenance, but when does it apply? And how much is payable? Don’t be confused, it is totally different to Child Support. This webinar is designed for Accountants to help you develop a basic knowledge of this topic and how you may play a part. Working with clients on an ongoing basis, you are often the first port of call for advice when it comes to their finances and divorce. This presentation will provide easy-to-understand information and practical tips to demystify this area of Family Law. This understanding will help you to better help your clients.

This is a ‘must-see’ webinar for anyone going through separation or wanting to better understand the area.

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www.michaellynchfamilylawyers.com.au

Disclaimer: All videos posted to this channel contain 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 the videos. Changes to the law occur regularly, no responsibility for any loss or damage caused to any person acting in reliance on the videos on this YouTube channel and general information shall be accepted by this Office. No part of this video or other videos may be included in any document, circular or statement without our written approval.

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00:00 INTRODUCTION
1:48 DEFINING SPOUSAL MAINTENENACE
4:02 TIME LIMITS FOR COURT APPLICATION
5:44 THRESHOLD TEST FOR SPOUSAL MAINTENANCE
7:25 WHAT ARE REASONABLE NEEDS?
10:38 MITIGATION BY APPLICANT
13:51 WHAT IS NOT INCOME FOR SPOUSAL MAINTENANCE?
14:33 WHAT IS INCOME?
14:49 WHAT IS CAPACITY?
15:44 TYPES OF SPOUSAL MAINTENENACE ORDERS
16:25 HOW LONG DOES A SPOUSAL MAINTENANCE LAST FOR?
17:54 CASE EXAMPLE FOR SPOUSE MAINTENANCE
33:13 SOME PRINCIPLES ESTABLISHED BY CASES IN RESPECT OF MAINTENANCE
39:49 EXTINGUISHING SPOUSAL MAINTENANCE CLAIMS
42:20 FINANCIAL AGREEMENTS