Superannuation and Family Law Property Settlements

Superannuation and Family Law Property Settlements

If you and your partner separate, you must consider what will happen to the property you own and how it will be divided between the two of you. The process of deciding what assets, financial resources and liabilities to divide is known as a property settlement. Property settlements can be done between parties have been... Read More
Section 75(2) Factors – What They Mean For You

Section 75(2) Factors – What They Mean For You

If you have been involved in family law matters, then you may be familiar with the section 75(2) factors. This section of the Family Law Act relates to adjusting a property settlement based on the contributions of the parties. It also considers factors which can “soften” the effect of looking at a property settlement. In... Read More
Separating Assets and Liabilities Upon Separation

Separating Assets and Liabilities Upon Separation

It is important during a breakdown of a relationship or marriage both parties consider the issue of separating assets and liabilities. It goes without saying that separation is often a time that is highly emotional and stressful, however it is almost always a significant life changer as it may leave the vulnerable with significant financial... Read More
Will I get 50% of everything in a property division?

Will I get 50% of everything in a property division?

Following a relationship separation, the Family Law seeks to answer four key questions in order to determine how assets will be divided between the parties who were previously in a marriage or de facto relationship. 1. What is the net asset pool of the parties? In order to determine the asset pool of the parties... Read More