"Dare To Dream201041845826"
PROFILE Dare To Dream I learned from a young age that lIfe Is tough, so I mIght as well be doIng somethIng I love along the way B lessed by nature with beauty and talent, songstress Lesyah, 26, cuts a striking silhouette in the smoky bars and clubs that she has been performing in since she was 18. Growing up in towns along the Queensland coast, living for a time in Mackay she recalls her A bright new star is rising over the Australian nomadic life. “We moved often but I loved living in Mackay, being near the beach.” She explains that musical horizon. She has spent eight years finding her voice was a gradual discovery. “It was not playing in offbeat bars and backstreet clubs until I was a teenager that I really began to sing.” A knock on the door from a neighbour one day but now, it is Lesyah Malveen’s time to shine. was a twist of fate for the teenage Lesyah. “At first I thought they were coming to complain about my singing,” she explains. “Instead, the encounter led WORds by VIkkI bERaRdI to gigs singing soul covers in offbeat venues around the Gold Coast.” Family Law – Accounting for Assets “What can I do? He has control of all the money taken, but the accounting is variations on this form of accounting the assets. He’ll sell it; spend it, or he’ll not adding back the entire $10,000.00. It dependent upon the complexity of what waste it.” will be the value of the furniture at the has happened to the asset. time of the hearing which will be taken There is absolutely no doubt that a into account. The other expenditure was Peter may very well have taken the financially vulnerable partner worries to enable the children to continue their $200,000.00 and invested some of it in about how assets are to be accounted schooling. This expenditure will not be other real estate. He may have invested for in the ultimate division of matrimonial added back to the pool of assets. the balance in establishing a business. property. These further dealings with the proceeds Peter, on the other hand after the of the sale make for interesting accounting It is essential that you engage a Family breakdown of his marriage decided to in the final division of property. The real Lawyer who is able to relieve the stress sell an investment unit which was in his estate in which Peter invested increased of the uncertainty for you. Your worries sole name. He realised $200,000.00 from in value, whereas the money used in the must be addressed and you must be the sale of the investment unit and hid business appears to have disappeared as given advice you can understand. that money in a bank account unknown the business was losing value. to Jennifer. When questioned about the Jennifer was forced to leave the former unit Peter simply said, “The unit is gone. The question is, what is taken into matrimonial home and relocate to other sold it.” However, what Peter did not account in the pool of assets and how is accommodation with the 3 children. understand as his Lawyer had not told the accounting process managed? Richard Callaghan Family Law Accredited Specialist at The Family Law Centre She accessed the joint account and him was the proceeds of the sale of the transferred $10,000.00 into her sole unit had to be accounted for and formed It is essential you obtain the services name. She used that $10,000.00 to a part of the pool of assets available for of an experienced Family Lawyer who set up a new household: buy furniture; division between him and Jennifer. is able to manage the accounting for Richard Callaghan household contents, and electrical goods. matrimonial assets. It is not easy. It Family Law Accredited Specialist She also used the money to pay one term These are relatively simple examples of requires skill. Skill reduces your stress at The Family Law Centre of school fees. accounting for assets which may have and is an essential ingredient for you to A division of McKays Solicitors 34 Wood Street, Mackay been used or changed after the date of obtain a fair division of property. Tel: 4963 0880 “Will I have to account for the money separation but existed at the date of email@example.com taken?” Yes, you will have to account for separation. There are a whole range of www.thefamilylawcentre.com.au 14 www.citylifemag.com.au