After you have worked out the asset pool and assessed the contributions made by each of you, the next step in the four step process is to consider the future needs of each person. Please see our … [Read more...] about Working out your future needs – the third step in a family law property division
family break down
What are ‘financial contributions’? The second step in a family law property division
After working out the asset pool, the next step in a family law property division is an assessment of the contributions made to the asset pool. Please see our blog about the asset pool … [Read more...] about What are ‘financial contributions’? The second step in a family law property division
What assets and debts are included in a family law financial settlement?
The first step to a family law financial settlement is to work out the asset pool. The asset pool takes into account all sources of income, all assets and debts, superannuation and any financial … [Read more...] about What assets and debts are included in a family law financial settlement?
When can I apply for a property division under the Family Law Act?
If you were married to the other party: You can apply at any time after separation (even if you are not yet divorced) You can apply up to 12 months after divorce If you are out of time … [Read more...] about When can I apply for a property division under the Family Law Act?
What does disclosure mean in family law matters?
If you have separated from your spouse or defacto partner, you might receive a letter from their solicitor asking you to provide ‘disclosure’ or documents which evidence all of your income, assets, … [Read more...] about What does disclosure mean in family law matters?
The four-step approach to family law financial settlements
When considering a division of property in a family law dispute, the Family Court of Australia generally adopts a four-step process: Step one: work out the asset pool. This means listing all of … [Read more...] about The four-step approach to family law financial settlements
Achieving your desired outcome – family law children’s arrangements
Relationship breakdown is stressful for everyone concerned, but when young children are involved it becomes far more complicated. If one person has moved out of the family home, there is often … [Read more...] about Achieving your desired outcome – family law children’s arrangements
