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
Family Law Act 1975
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?
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?
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?
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
Under the Family Law Act 1975 (Cth) a divorce means “the termination of a marriage otherwise than by the death of a party to the marriage”. Can I apply for a divorce? In Australia you can apply … [Read more...] about What is a divorce?