Quite often a father can be left with what seems to be very little of the assets accumulated throughout a relationship. For example he might receive only 40% of the assets, and on top of this paying large child support each week. What’s left at the end of each week? Not much.
There are some key things that might prevent that from happening. Some are structuring a Family Law settlement the right (or better) way. Looking at renting versus buying a place to live; this is a combination of financial knowledge and property investing advice. Depending on age, there are other ways of accessing superannuation and saving tax that might be considered (subject to obtaining Finance Advice from a qualified expert). Call Conrad Turnbull Family Law solicitor Newcastle now.