Recorded Webinar: Accuracy in the Completion of Financial Statements in Family Law

The template provided in the Family Law Act 1975 for completion by each party of their financial position is a “one size fits all”. This can lead to frustration as well as inaccurate recording of financial position. This session will provide practical guidance on how to satisfactorily represent your client’s position while at the same time meeting the obligations under the Act. It covers:

• Financial disclosure obligations and consequences of non-compliance
• Documenting the money trail – letters of advice and requests for asset information
• A journey through the financial statement template – key issues
• Using the template creatively – strategies for accurate financial information provision
• Getting the message across where complex financial arrangements exist
• Dealing with estimations and contingencies in income information
• Tips for managing and avoiding challenges