Monthly Archives: January 2019

What Should You Be Aware Of With Consent Orders

What Should You Be Aware Of With Consent Orders

Eventually, most former couples reach some of agreement about either parenting arrangements for their children, how they are going to divide their property in their settlement, or regarding both issues. Once you have, there are major risks with leaving your agreement as an informal agreement, whether it is only a verbal agreement or whether you…

How Much Will I Get or Have to Pay in Our Property Settlement?

How Much Will I Get or Have to Pay in Our Property Settlement?

Divorce Calculator Australia What Is Family Law Property Settlement and What Does It Involve? After you separate at some stage it will be necessary to divide your property through a property settlement. Property settlement includes assets, liabilities and financial resources. Financial Resources include superannuation and pension interests. The definition of ‘property’ is very wide. It…

Australian Court Requirements to Say You Are In a Defacto Relationship

Requirements to Say You Are In a Defacto Relationship

There are some basic “threshold” criteria which determine whether you may qualify as being in a De Facto relation recognised by Family Court under the Family Law Act 1975. If you do not meet the requirements of those basic threshold criteria then at least in Family Law jurisdiction, a Court would have to say you…

What Is the Time Limit for Asset Division After a De Facto Relationship Ends

What Is the Time Limit for Asset Division After a De Facto Relationship Ends

With the exception of those in Western Australia, the Family Law Act applies to de facto and same-sex couples if you separated: After 1st July 2010 if you are from South Australia After 1st March 2009 if you are from Queensland, New South Wales, Victoria, Tasmania, Australian Capital Territory or Northern Territory Property settlement division…

What Happens To a Trust in Property Settlement?

What Happens To a Trust in Property Settlement?

If assets are held in a Trust, an important issue arises as to how that trust is dealt with in a Property Settlement. A Trust is an arrangement where assets are held in the name of a trustee on behalf of the beneficiaries named in the trust deed. When deciding an application for property settlement,…