How Emotions Can Impact Your Family Law Matter: The Cost of Non-Commercial Decision Making
Navigating the realm of family law is inherently emotional. Whether it’s a divorce, child custody dispute, or property settlement, these are deeply personal issues that stir profound emotions. However, allowing these emotions to dominate can significantly impact the quality of decisions one makes, often leading to outcomes that are less commercially sound. The Emotional Landscape […]
Global v Asset by Asset Approach in Property Settlement
Global v Asset by Asset Approach in Property Settlement The Family Law Act 1975 (Cth) of Australia provides a framework for determining the division of assets and liabilities when a marriage or de facto relationship ends. This legislation does not differentiate between “long” or “short” relationships explicitly; rather, it mandates the evaluation of numerous factors, including the length […]
Understanding Cryptocurrency in Family Law
Understanding Cryptocurrency in Family Law The Family Law Act 1975 (Cth) mandates an equitable distribution of marital wealth following the termination of a marriage in Australia. This distribution typically encompasses tangible possessions such as family residences and automobiles, as well as investment assets like superannuation. Nevertheless, the dynamic landscape of the digital world has given rise to a […]
Inheritances and Impacts on Property Settlement
Will my inheritance be included in the property settlement? When you are separating, your assets and liabilities will be divided between the parties, referred to as a property settlement. If an inheritance is received by one of the parties, the way it is dealt with in a property settlement is dependent on the circumstances of […]
How long does property settlement take in Australia?
What is involved in a property settlement? Unfortunately, there is no simple way to determine how property should be divided, and it depends on the relationship’s circumstances. Our experienced family lawyers are here to help to explain this process and assess your circumstances to help you understand your entitlements for a property settlement. In summary, the […]
International Property Settlement
International Relationships In our modern, highly diversified world, it is not uncommon for parties to a relationship to have lived in more than one country, or to have assets in both Australia and overseas. You might be an American immigrant with a 401K in the US, a Chinese permanent resident with assets in Singapore and […]
All about the Genuine Steps Certificate
All about the Genuine Steps Certificate As of 1 September 2021, The Family Court of Australia and the Federal Circuit Court of Australia have merged to become the Federal Circuit and Family Court of Australia (FCFCOA). Read more about the family law changes. The merge has introduced several changes when initiating applications for parenting and financial […]
What do the recent changes in family law mean for families?
What changed: As of 1 September 2021, The Family Court of Australia and the Federal Circuit Court of Australia will merge to become the Federal Circuit and Family Court of Australia (FCFCOA). The recent merger has brought about some changes for new applications for parenting, property and child support. The merger has had a focus […]
7 Essential Things to Consider When Separating
Note down your Separation date The separation date will be relevant to property settlement, in the sense of whether contributions were made before or after separation. It is also needed when applying for a divorce. De facto couples have 2 years from the date of separation to deal with their property matters. For married couples, […]
What happens to your jewelry after separation?
What to do with wedding ring and other jewelry after separation You are looking to separate from your partner. What happens to your engagement ring? What happens to the gold jewelry that Aunt Carol gifted you as a wedding present? Will my jewelry be included in the asset pool for the property division? As couples […]
