Military invalidity pensions, compensation and Family Law

Key Points:Separating couples with a current or former ADF member often face unique financial issues in family law property matters.The Federal Circuit and Family Court of Australia treats military superannuation, invalidity pensions, and compensation under the Military Rehabilitation and Compensation Act 2004 (Cth) differently.The Court examines what the payment is…

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BFA – Binding Financial Agreements

Key Points:What is a Binding Financial Agreement (BFA)?A Binding Financial Agreement (BFA) is a legally enforceable contract that couples—married or de facto—can enter into under the Family Law Act 1975 (Cth). It outlines how assets, liabilities, superannuation and financial matters will be dealt with if the relationship breaks down in…

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Tax Debt and Divorce: Navigating the Complexities

Am I responsible for my partners tax debt? In a recent ABC article by Laura Lavelle, 'Revenge debt' is being used as a weapon — it's a growing problem Millie learned the hard way, the ABC explores a case in which "Millie” (a fictitious name) lost her house because of…

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