Create professional superannuation interest split valuations with minimal
knowledge of the rules...
- Step by step wizards guide the user to the right formula.
A short series of questions leads to the identification of the relevant
formula. Then the user is prompted step-by-step for the required information,
supported at every stage by comprehensive explanations, help and examples.
- Every calculation, source and precedent is detailed.
Every aspect of the calculation is detailed - all the data inputs are
listed, formulas and calculation steps detailed, tables cross referenced
to the exact page and line of the Regulations, and excerpts of the relevant
legislation included.
- Reduces the risk of errors
SuperSolver guides the user to enter the right information, reduces the
chance of input errors by looking up the tables and doing the maths, and
warns the user if a figure is not valid or is not consistent with other
information.
- Helps you provide a service that you can profit from whilst remaining
cost efficient for your clients
Reports can be performed in house at low cost and thus you can afford
to perform and be paid for valuations that you would otherwise have to
brief out.
- Quality & Commitment
SuperSolver has been developed by a practising barrister who is an IT expert,
so the legal and IT issues have been seamlessly integrated. This
also means that you can pose your questions and comments to a professional
colleague on all aspects of the software.
What makes SuperSolver so easy to use?
- SuperSolver works by asking the user a short series of questions
to determine the relevant formula.
The
user does not need to know which formula to use and needs only minimal
knowledge of the laws. One question is asked at a time and is explained
fully with links to further help screens if needed. Each answer leads
to the next most logical question until the relevant formula is detected.
What if there is no formula or applicable splitting provision? Don't worry,
SuperSolver will generate explanatory reports and guides for situations
in which it has detected super splitting valuations do not apply or there
is no formula.
- The user is then prompted to supply the value of each necessary parameter.
by step the user is prompted for each required piece of information (parameters)
for the detected formula. Each parameter is explained fully and the relevant
legislation is identified and displayed for verification.
At every step there are data-input checks - if a figure is not valid or
is not consistent with other information, the user is warned and an explanation
given as to why the information might be incorrect.
SuperSolver performs all the routine error-prone, time-consuming work
- it looks up Regulation tables for you and performs the math, removing
the chance of accidentally entering the wrong information from a table
or making a calculation error. For example, even if you do everything
else right, it is still possible to misread a factor of '11.0913' in the
Regulations as '11.9013', or add $335,500 + $100,000 instead of $355,500
+ $100,000, causing significant yet easy to miss errors which you might
end up paying for personally. SuperSolver helps you to lower the risk.
Far from abdicating professional and legal responsibility to a machine,
SuperSolver’s step-by-step process and detailed reports quickly teach
you about the valuation process thus strengthening your professional expertise.
- SuperSolver then calculates and generates a report.
SuperSolver produces an attractive, easy to read report detailing every
aspect of the calculation, exposing all the data inputs and how they've
been used. All inputs are listed, all formulas and calculation steps detailed,
tables are cross referenced to the exact page and line of the Regulations,
and excerpts of the relevant legislation are included.
All this detail allows you to independently check the results.
- You can then optionally modify and customise the report.
Once you have your own copy safely loaded on your own computer
you can store calculations for The report can be saved on your computer
for your records and convenience, and can edited in your favourite word
processor - allowing you to print reports on your own letterhead or incorporate
into a longer advice or reasons for judgment.
- What if I need extra help?
There are comprehensive explanations and help at every step of the way,
and calculations from the Attorney General's Department and other sources
are provided as examples. However some calculations are more complex than
others and there are some situations where super splitting valuations do not apply, in
this case SuperSolver provides explanatory reports and guides.
Lawtech also provides a valuation service. Take a look at Family Law Superannuation Valuations for further information.
Why should I use it?
- Provide a service that you can profit from whilst remaining cost
efficient for your clients
Most calculations can be performed in house at low cost, the saving can
be passed on to client. Busy solicitors can earn more fees in less time
by rapidly performing work they may otherwise have to brief out, while
reducing client costs. They can respond faster to client and court needs
and rapidly identify any further instructions that will be needed from
the client or superannuation trustee.
- SuperSolver is written by a practising barrister also expert in IT
Be confident that the legal and IT issues have been seamlessly
integrated. This also means that you can pose your questions and comments
to a professional colleague on all aspects of the software, rather than
to a third-party non-lawyer for the IT parts, someone else for the legal
parts.
- Includes worked examples from the Attorney General's Department
and other sources so you can see that the valuations are the same.
- Updates are included for the life of your licence
We are committed to developing best solution humanly possible,
so you can be confident the software will stay abreast of developments
- for instance the 2 May 2003 amendments to the Family Law (Superannuation)
Regulations 2001 were implemented within 8 hours. You will be informed
of any updates
- Continuous improvement
User feedback is welcomed and encouraged for continuous improvement and
value to your professional sector.
What can I do to find out more?
Current Version
| Version: |
3.1.0.0 |
| Released: |
Oct 28, 2009 |
| Available: |
Download |