Will and Cathy own a successful business together which Lisa their accountant, has worked with them to build over many years. Will and Cathy own their family home, an investment property and have an SMSF. All parties agree that the best way to preserve financial value is to ensure that the business doesn’t suffer, and for Will and Cathy to remain amicable through the difficult separation process. Will and Cathy have asked Lisa to assist them through this process, and Lisa is reluctant to recommend family lawyers as this should be a fairly straightforward process and she doesn’t want to overcomplicate things unnecessarily.

Lisa recommends they contact Div-ide Financial Separation Specialists to manage this process, and Lisa works with the Div-ide team to provide the required information and work through the tax consequences of what Will and Cathy decide to do to ensure that what has been agreed is fair from a tax perspective.