Expert High Net Worth Family Lawyers Serving Western Sydney’s Elite with Confidentiality and Proven Expertise
Rafton Family Lawyers are recognised as the leading law firm for high-net-worth individuals across Western Sydney.
Our team has extensive experience in handling cases of this nature and we have frequently been featured in Doyle’s Guide and other reputable publications with consistent 5-star rating across google and other platforms.
What is a high-net-worth case?
Generally speaking, high net worth cases are those with asset pools on a net basis (excluding liabilities) of anywhere between $1,000,000 to $10,000,000. According to the Australian Taxation Office, ultra-high net worth individuals are those with assets of over $30,000,000 but the majority fall in the $10,000,000 net value range.
Rafton Family Lawyers have offices across Western Sydney, including in the Hawkesbury and Nepean area, and we frequently deal with high-net-worth cases which generally feature:
- Complex structures such as family trusts, complex property structures and family businesses.
- Farming cases, including intergenerational wealth transfer and family trusts.
- Families that have multiple income streams and a multiple asset base.
- Families that have superannuation structures, including self-managed superannuation funds.
Why choose our Team?
Our team have extensive experience, and we have more Accredited Specialists in Family Law than any other firm in our region. Our team ensure in these types of matters that we offer:
- Full privacy for the person concerned.
- Proactive approach to wealth protection and asset protection – we do this by acting discretely but promptly and we frequently involve other experts including accountants and financial planners where necessary.
- We look at cases holistically due to our understanding of these complex structures and recommend strategies in conjunction with other experts that will take into account tax implications and other financial implications on any proposed outcomes.
- Our team has more experience in areas such as arbitration and mediation due to our extensive experience, and this can ensure absolute privacy by choosing the arbitrator for the matter and ensuring that any results are not published publicly ensuring full confidentiality and privacy for the high net worth individual.
How are high net worth cases determined by the Court?
High-net-worth cases are approached by the Court in exactly the same way as other matters however due to their complexity often, as indicated, other experts are required particularly at the initial stage of the matter where valuations are necessary and experts will be required to provide that additional information. In addition to this, it is often necessary for our team to work together with experts for our client including their own accountant to obtain a full picture of the financial situation.
Overall however, the approach by the Court of identifying the assets looking at contributions and taking into account other factors such as future needs in achieving a just and equitable outcome will remain the same however the size of the assets and the process involved is often more complex.
What happens next in a high-net-worth separation?
In any high-net-worth separation the first step is to seek confidential and swift advice to ensure early protection of assets and an early strategy in relation to the separation. We offer a one-off initial consult with an expert family lawyer that is paid up front to discuss your rights and entitlements and provide general advice in those initial stages.
You can book online or call our team for expert advice and assistance.
Rafton Family Lawyers are the leading expert family law team across Sydney and Western Sydney. Our team has a combined experience of over 100 years, and we have extensive experience in international cases including complex asset structures overseas and international family law relocation cases.
For further information:
Australian Taxation Office: https://www.ato.gov.au/
Federal Circuit and Family Court of Australia: https://www.fcfcoa.gov.au/fl/fp/overview
To contact us: www.rafton.com.au or reception@rafton.com.au.