Setting Up Your Family Law Firm’s Facebook Page

Posted on
Setting Up Your Family Law Firm’s Facebook Page

Although social media marketing shouldn’t be the total marketing focus for family lawyers and law firms, you should always make sure that you’ve got two things – an active LinkedIn profile and a Facebook page for your business. Facebook is the most popular social media platform in the world, and your business will suffer if you don’t use it to some extent.

A huge percentage of people will search for businesses on Facebook before they contact them. If they can’t find your business, they will probably just skip to the next on their list and ignore you altogether. It is therefore very important to make sure that you’ve got a high quality, active Facebook page for your law firm, otherwise you will miss out on potential clients.

With this in mind, here are three of the best ways to optimise your law firm’s Facebook page and gain the most website traffic and the largest number of new clients possible.

  1. Make sure you post new content regularly

The key to Facebook success is posting regular content. However, just posting nonsense isn’t good enough anymore – instead, you have to make sure that you post high quality, engaging content that people actually want to spend time looking at.

(more…)

Read More

What Is Estate Planning?

Posted on
What Is Estate Planning?

Estate planning is a unique branch of law that is often included under commercial law. However, many law firms offer dedicated estate planning departments, allowing you to rest easy with the knowledge that you’re working with a team of experienced lawyers who will make sure that you get the most out of your estate plan.

Using advanced estate planning techniques, an experienced lawyer will be able to help you put your affairs into order in the event that you pass away suddenly. There are many reasons why you should consider using some form of estate planning, and many benefits associated with it. But first:

What Is Estate Planning?

Basically, estate planning involves putting together a comprehensive plan of what should happen to your finances, property and other assets if you die. In simple cases, estate planning won’t involve much more than the creation of a new will. However, for people with a lot of assets or investments, estate planning can involve a lot more.

For example, estate plans can help you set up trusts, identify how your superannuation should be treated and can even help your family avoid excessive taxes if you pass away. Using a good estate planning or commercial lawyer will make the planning process simple, and it’s something that everyone should consider.

(more…)

Read More

Tax Consequences in Divorce

Posted on
Tax Consequences in Divorce

According to expert tax accountants Accountants Australia, People often overlook the important tax implications of getting divorced.  They’re usually focused on child custody issues or division of property and fail to understand or bring up important issues that will determine the ultimate determination of how taxes will be attributed and assigned as a result of their divorce.

Important areas to think about are: division of assets, support, income tax filing, division of retirement benefits and, if applicable, innocent spouse relief.

As a foundational issues, the Supremacy clause of the U.S. constitution means that Federal Tax law will govern even in state court where divorces are heard.  That means a state court judge may not validate any agreement that contravenes federal tax law.

Let’s look at how these rules affect different parts of a divorce.

  • Division of Marital Property
  • No gain or loss.  Generally, no gain or loss is to be recognized when assets are transferred because of a divorce.  There are some rules to follow when determining whether the “transfer” was a part of the divorce.  They are:
    • The transfer is required under the divorce decree or divorce or separation agreement.
    • The transfer occurs within six months of the marriage ending
    • There is a presumption, although subject to rebuttal that a transfer was related to the divorce if it occur within six years but the party can show there were legal or business reasons for delaying the transfer.
    • Exceptions:  There are some exceptions that apply to this rule, such as where the spouse is a resident alien, some transfers related to trusts and some stock redemptions.

(more…)

Read More

Parental Alienation and Abuse Allegations in Divorce

Posted on
Parental Alienation and Abuse Allegations in Divorce

During and after a divorce becoming the target of parental alienation can create huge fear and depression in the case of the parent being alienated.  There is potential for complete loss of the relationship with the child, or, on the other hand, what if the allegations by the child, typically abuse, are true?

Let’s discuss what parental alienation is and what it isn’t by first trying to define what it is.  There is wide-spread debate about whether the problem even exists.  For example, the Diagnostic and Statistical Manual of Mental Disorders used by the American Psychological Association doesn’t recognize Parental Alienation as a syndrome.  Some argue that while the DSM doesn’t specifically call for the syndrome, the elements of the problem are clearly defined in the manual.

The DSM does use a category of Parent-Child Relational Problem, and Child Affected by Parental Relationship Distress to be used when “the focus of clinical attention is the negative effects of parental relationship discord (e.g. high levels of conflict, distress, or disparagement) on a child in the family, including effects on the child’s mental or other medical disorders (DSM P. 716).

(more…)

Read More

Effective Prenuptial Agreements

Posted on
Effective Prenuptial Agreements

In a general sense the purpose of any prenuptial agreements  in family law is to agree in advance on several key items in the relationship:  property division, debt, support for each spouse, and administrative items like attorney’s fees if the marriage comes to an end.

These types of agreements also reduce the stress and conflict a divorce might impose on each spouse, children and other family members.

Many people rely on a prenuptial agreement by itself, but it is important to remember that other estate planning documents should be referenced and included with the prenuptial agreement, such as: will, trusts, advance directives, etc.

Some information is critical to gather in preparing a prenuptial agreement.  For example, you should examine: Tax returns, debts, vehicle titles and registrations, Life insurance contracts, business ownership, investments and retirement accounts, estate planning documents, and recent bank statements.

The debts of each spouse should be carefully considered.  In some cases, if debt is not properly addressed in prenup a creditor might have the ability to seek payment from either spouse.  A prenup is a good opportunity to specifically limit your liability for your spouse’s debts if necessary.

Prenups can also deal with financial or other obligations during the marriage, as opposed to just addressing issues that might come up if the marriage ends.  Some issues that could be governed during the marriage might be: increasing benefits according to the length of the marriage or deciding what financial responsibilities each party will have,

(more…)

Read More