Author: Carol Pages, Pages Family Law. A binding financial agreement, sometimes called a ‘pre nup’, is an agreement between a couple about how their assets will be divided if they separate. You can enter into a financial agreement before, during or after your marriage or de facto relationship. This means that you can have a financial … When should you consider a financial agreement?
Author: Carol Pages, Pages Family Law. In the final article of this series on Family law property division we explain the two major ways of formalising your property division, and why you shouldn’t risk a handshake deal. Why do we have to do this? Formally documenting your family law property division is recommended, even if … Family law property division – Documenting your agreement
Author: Carol Pages, Pages Family Law. In the latest article in our series on Family law property division we give an overview of the process of dividing property in family law matters. Just and equitable? The law starts by considering whether it is ‘just and equitable’ to make an order about the property of the … Family law property division – How does it work?
Author: Carol Pages, Pages Family Law. In the second article in our series on Family law property division we discuss superannuation and how this this commonly dealt with in family law matters. Our first article Family law property division – Asset valuations can be found here. Superannuation is considered property and added to the assets list (or … Family law property division – Superannuation
Author: Carol Pages, Pages Family Law. What happens if what you thought was a casual relationship breaks down, and the next thing you’re in the family courts with a claim against your major assets such as your house? Maybe you weren’t even living together and you didn’t think you needed a Financial Agreement – the Australian … Could your friend with benefits become a financial liability?
Author: Carol Pages, Pages Family Law. In family law financial or property matters, the first step is to list out all of the assets of both partners, and have a value for each of these. The assets available for division in family law include everything that you own, everything that your partner owns, and everything … Family law property division – Asset valuations
Author: Carol Pages, Pages Family Law. What’s changed? In relation to the law about property or asset division following the breakdown of a marriage or de facto relationship, there are changes to the Family Law Act 1975 coming later this year. These include changes about what the Court will consider when deciding a property settlement. The main change … The law for property division after separation is about to change. What you need to know.
Author: Carol Pages, Pages Family Law. Couples can enter into financial agreements before, during or after their marriage or defacto relationship. When prepared before or during the relationship, the aim is typically that each party will have certainty about the division of their assets if their relationship breaks down. Financial agreements can be attractive where the parties … Case update – Property – Court declines to make property orders despite financial agreement found not to be binding.
Author: Carol Pages, Pages Family Law. There are time limits in family law about when an application can be made for property division or spousal maintenance after a relationship ends. For de facto relationships, an application must be made within two years after the breakdown of the relationship unless both parties consent to the application … Case update – De facto property – Order to allow out of time application to be decided by the Court set aside
Author: Carol Pages, Pages Family Law. What do I need to know? In Australia, there is one ground for an application for divorce – that the marriage has broken down irretrievably, as evidenced by 12 months separation, and there is no reasonable likelihood of reconciliation of the marriage. An application for divorce can be filed … I want to get divorced – what do I need to do, and what to expect
