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property-financial

Binding Financial Agreements – Thorne v Kennedy Decision

A decision on binding financial agreements from the High Court of Australia in the case Thorne v Kennedy was handed down  on 8 November 2017. Concern has been expressed that this “means the end of Binding Financial Agreements – Binding Financial Agreements will no longer be enforced”. This is far from the case. Facts of […]

property-financial

Things to think about when preparing a Financial Agreement

A Financial Agreement is commonly known as a “prenuptial agreement”. Both de facto and married couples can enter into Financial Agreements either before they commence living together or get married, or afterwards. Financial Agreement can make provision for how the assets and financial resources of the parties will be dealt with during the relationship and […]

property-financial

What Happens If The Bank Account Has Been Cleaned Out?

A question a family lawyer is often asked is: what happens if my partner empties the joint account and spends the money? Does he or she have to give it back, or is it taken into account in some way? When a couple separates, emotions are often highly charged and behaviour can be unpredictable. What […]

property-financial

Four Common Mistakes in Property Settlement Negotiations

1. Not getting advice EARLY I understand that people may not want to “get lawyers involved” after separation. Honestly though, this is often a big mistake. How can you negotiate a settlement if you do not understand how the Family Law system works, or the specifics of how superannuation is treated? Most firms offer an […]

property-financial

Valuations in the Family Court

In cases in the Family Court involving property, one of the first things your lawyer will ask you is to help draw up a list of assets and liabilities. You are likely to be handed, and asked to help fill out, a document which lists assets and liabilities under various headings such as: real estate; […]

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