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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; […]

property-financial

Everything Is In!

People are often confused about what assets and liabilities are taken into account by the Family Court when it comes to working out a property settlement following the breakdown of a marriage or de facto relationship.  It is common for parties to hold assets in the names of other entities, and assume that those assets […]

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