When a marriage or defacto relationship breaks down, the law is very specific in how it deals with superannuation. The Superannuation Splitting Law allows couples to value the superannuation and split it fairly between them.

It's important to note that split super is not converted into cash. It remains a superannuation investment and continues to be subject to preservation and other superannuation regulations.

Before superannuation can be split, it must be valued. A formal submission must be made to the trustee of the super fund confirming your entitlement to request this information.

The Superannuation Information Kit available from www.familycourts.gov.au contains all the details and forms you'll need for the entire valuation and splitting process.

Contact Timothy Foster from APS Financial Planning should you require assistance with your superannuation.