Divorce can be a difficult path to navigate, especially when it comes to finances. We understand that this process can be overwhelming and you may not be aware of the options available to you.
When each partner goes there separate ways, the assets within the fund will be valued and divided up based on a decision made by the family court or by a mutual agreement put in place.
Recent changes in legislation have presented SMSF’s with more flexibility with regards to loans and investment options, which is making it increasingly difficult to divide the assets within the fund equally.
We want you to know that there are a number of options available to you, whether it be rolling your share of super out of the fund, winding up the super fund or continuing to operate the fund until an agreement or decision is obtained – we want you to walk away pleased with the outcome.
If you are currently experiencing difficult times in your relationship, come and meet with us to talk about the best option for you.