It is a widely held, but quite incorrect, view that in a property settlement between a husband and wife that the assets will usually be divided more or less equally – the 50/50 split! This myth most likely exists… Because we consider it a goal of a property settlement for each party to be treated…
Tag: property settlement
Understanding Consent Orders in Family Law Matters
If both parties have reached agreement about parenting and/or financial/property arrangements and want to formalise the agreement to make it binding, they can apply to the Family Court of Australia for consent orders. In previous articles we outlined the way in which financial agreements (also known as binding financial agreements and sometimes pre-nuptials) can be…
Understanding Family Law Financial Agreements – Part 3
In our previous articles on this topic we discussed the often poorly understood financial agreement (often called a binding financial agreement or pre-nuptial) within family law matters and in particular: Some background about financial agreements When financial agreements might be useful at the start of a relationship What matters a financial agreement can cover In…
Understanding Financial Agreements – Part 2
In the previous article in this series we discussed the often poorly understood financial agreement (often called a binding financial agreement or pre-nuptial) within family law matters and covered some background and why you might consider a financial agreement at the start of a relationship. In part 2 of this series we discuss what matters…
Understanding Family Law Financial Agreements – Part 1
Financial agreements are at the heart of many family law matters but remain one of the most poorly understood areas of law. In this series of articles we will outline what financial agreements are, when they are used in family law matters and their key characteristics. This is vital information for anyone going through the…