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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 […]

property-financial

Can I help you achieve a family law property settlement?

Yes, I can and the best way for that to occur is by working together. So, to quote Jerry Maguire: “help me help you!” To do this, you need to understand how you can help me provide you with the best advice possible. Now before you ‘turn-off’ and say to yourself: “This isn’t what I […]

property-financial

Penny Wise Pound Foolish

Transferring Property without Legal Advice When couples mutually decide to separate, they also often try to divide their assets and liabilities without seeking legal advice regarding their future vulnerabilities such as the tax implications resulting from their financial settlement. In the end, failing to obtain legal advice can be an extremely costly exercise particularly if […]

property-financial

Overseas Property – not necessarily out of reach

A recent decision in the Family Court in Melbourne demonstrates the power of the Australian Family Court to make orders about people who are not living in Australia, and about property that is not in Australia. A couple had spent 15 years living together and married but have never lived in Australia. The Wife an […]

property-financial

Lottery wins and family law property settlements

The recent case of Elford [2016] FamCAFC 45 considered how lottery ticket prize money would be treated in a property settlement. In this case: 12 months into the 10 year relationship, the Husband won over $620,000 on a lottery ticket; He had been using the same numbers each week for some 8 years before the […]

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