By Agreement. Some couples are able to resolve property settlement amicably. They are able to separate their own feelings about their former partner and focus on their needs, and the needs of their children, leaving any emotion and pain out of the discussion . Any agreement reached should always be formalised by way of an Application for Consent Orders filed in the Family Court of Australia … [Read more...]
The Property Settlement Approach
The Court cannot make orders for the alteration of property interests unless it is satisfied that, in all the circumstances, it is just and equitable to make the order. What is just and equitable will vary depending on the circumstances of each individual matter. In addition, the Court, as far as practicable, is to make orders which will finalise the financial relationship between the … [Read more...]
Property Settlements?
When a relationship comes to an end, the assets of the relationship must be divided. In most cases, parties are financially tied to each other, and they need assistance to financially re-establish themselves by separating the assets. The principals of determining a property settlement for both married couples and de facto partners are the same, but the Act makes a distinction between the two … [Read more...]
What is a Divorce?
A divorce has the effect of putting a legal end to your marriage. In the eyes of the law you are no longer legally tied to another person. It does not involve any other issues that you may have with your former spouse such as property settlement or children’s issues. We can advise you want you need in your circumstances. The Family Law Act 1975 established the principle of no-fault divorce in … [Read more...]