Superannuation Splitting

The Court now has the power to divide superannuation interests between parties (including married, defacto and same sex partners) as part of any overall final settlement. 

This means that in circumstances where one party may have worked on a part time basis, or remained at home to care for young children, a superannuation split can be effected to ensure that those interests can be divided between both parties. For example, if one party had superannuation interests of $200,000, and the other party had superannuation interests of $100,000, the Court may divide the interests to effect a superannuation split whereby both parties would retain $150,000 in superannuation.

Our team can assist you in liaising with the trustee of the superannuation funds, or by negotiating a superannuation split as part of any financial settlement between you.