Professional Advisors and Family Law Matters Pierce Carstensen

Professional Advisors and Family Law Matters Pierce Carstensen, Principal, Mc. Innes Wilson Lawyers Module 2 | Lesson Six

How can I assist my client achieve the best outcome • What is the best outcome anyway? – – Objectives Approach Time Cost

Act 1 Your client comes to you with some news… • Conflicts • When should you send them off to a lawyer? – Cons of an early referral – Pros of an early referral

Act 2 Where you send your client off to a solicitor • Who to? And how would I choose? – Someone you like and trust – Someone who shares your vision of the client – Someone who respects the importance of your role • How can I assist? • What should I do at this early stage?

Act 3 The matter begins • How do you want the matter to run? – A spontaneous approach v a managed approach – Consultation – Investment

Subpoenas • Do I have to respond? • When should they be issued? • Can and should I object? • How much should it cost me?

Act 4 Court Orders • See them before they are made • If you do – – – Look critically Consider tax and duty Examine Div 7 A consequences Consider capacity to borrow Consider structuring

Conclusion • Don’t give bad luck a chance – – Don’t be shy Act early and decisively Stay involved You are an expert in things that are critically important to this matter – Tell your clients to get a BFA

Questions? For more information, please contact: Pierce Carstensen Principal (07) 3231 0411 pcarstensen@mcw. com. au