7 Money Questions to Ask an Accountant Before You Settle Your Divorce

🎧 Listen if… Your ex handled the money and you don't know what you own Your accountant is also your ex's accountant You're offered an investment property "worth the same" as the home Your ex says the business makes no profit There's a trust, company or SMSF and you're panicking ⚠️ General information only – not legal, financial or tax advice. 🛟 Discusses financial abuse. Chartered accountant and tax agent Vanessa Bell (Bell & Co Accounting & Tax) explains what to gather before you leave, what happens when you share an accountant with your ex, capital gains tax and CGT rollovers, family trusts, Division 7A loans, business valuations, super splits, post-separation budgets, forensic accountants, and how to switch accountants safely. 00:00 – Accountants in Divorce: Is Your Accountant Also Your Ex's? 03:00 – Thinking of Leaving? The First Financial Steps to Take 05:00 – Divorce Documents Checklist & How to Store Them Safely 09:00 – Can One Accountant Help Both of You After Separation? 11:30 – Accountants' Ethical Duties & When to Get Your Own 14:30 – Locked Out of the Finances? What a New Accountant Can Access 16:30 – How Accountants Decode Your Ex's Financial Disclosure 17:30 – Building Your Asset Pool: Assets and Liabilities 18:30 – Capital Gains Tax When You Sell Everything in Divorce 20:00 – Latent Tax Liabilities: The Hidden Cost in Your Split 22:00 – CGT Rollover Relief & Family Home vs Investment Property 24:00 – Family Trusts in Divorce: Transfers, Tax & What Happens Next 27:30 – Division 7A Loans Explained in Plain English 29:15 – How a Business Is Valued in Property Settlement 32:00 – "The Business Makes No Profit" & Other Company Claims 35:30 – Is Splitting Superannuation Taxable in Divorce? 38:00 – SMSFs, Defined Benefit Super & Leaving With Little Super 40:30 – Post-Separation Budget & Planning for Future Tax Bills 44:00 – How Accountants and Family Lawyers Work Together 47:00 – Financial Abuse Through Accountants & Forensic Accountants 52:00 – How to Switch Accountants & Red Flags to Watch For 56:30 – Rapid Fire: The Biggest Tax Mistakes and Myths in Divorce 🎧 Episodes Tech abuse with WESNET (Ep 310) – https://podcasts.apple.com/au/podcast/is-your-ex-watching-you-coercive-control-goes-digital/id1503451022?i=1000758578403 Financial abuse & coercive control (Ep 325) – https://podcasts.apple.com/au/podcast/financial-abuse-and-coercive-control-when-money/id1503451022?i=1000776879697 Business tricks in divorce (Ep 218) – https://podcasts.apple.com/au/podcast/business-tricks-in-divorce-10-sneaky-tactics-to-watch/id1503451022?i=1000733969897 Super split myths (Ep 196) – https://podcasts.apple.com/au/podcast/super-split-myths-why-equalising-isnt-always-fair-in/id1503451022?i=1000708394387 1800 RESPECT 1800 737 732 | Lifeline 13 11 14 | Police 000 Free webinar – https://www.thedivorcecourse.com.au Vanessa's documents checklist get it by subscribing to our newsletter | Bell & Co Accounting & Tax – https://www.bellandco.com.au/ Tax Practitioners Board – https://www.tpb.gov.au