How super is treated in a divorce

Did you know your superannuation can be considered in a divorce settlement? In Australia, when a relationship ends, the assets of both parties are generally considered together as part of the overall property pool, and this can include superannuation. For example, if one person has accumulated significant superannuation through years of work while the other has less due to time spent raising a family or caring for children, the superannuation balance may still be taken into account during settlement discussions. While superannuation may not be accessible until retirement, it can still represent a significant asset and may be subject to splitting arrangements through a financial agreement or court order. This means you may need to consider how a settlement will be funded, whether through a superannuation split, other assets, or available cash flow. Divorce can create complex financial decisions, and understanding your complete financial position is an important step towards creating a plan for your future. Working with your financial adviser and legal professionals can help ensure your settlement is structured appropriately and supports your long-term goals. Always seek personalised financial and legal advice based on your individual circumstances. General advice only. Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Amy Lehmann is an Authorised Representative(No. 1292710) of AFSL 495401.