If you are considering a property settlement, or your spouse has recently filed an application in the Court for property settlement, it is important to understand your rights and obligations.
In particular, you should resolve all financial or property issues you and your spouse have before you get divorced, as you usually have only 12 months from the date your divorce is finalised to make an application to the Court to decide this if you need it to.
These claims include the division of property acquired – and debts incurred – during your marriage or relationship and, in some cases, the payment of spousal maintenance from one spouse to another after separation.
To help you determine your property entitlements, we will need to identify and value all assets and debts, determine the nature and extent of the contributions made by both parties to the marriage or relationship as well as your future needs. We work closely with you to develop appropriate settlement options based on your particular circumstances and goals. We will provide you with an overall snapshot of the big picture at our initial consultation, however this sometimes a complex job that should not be rushed or left to the last minute.
Our aim is to try to ensure that you receive a fair settlement that will enable you, as much as possible, to move on with your life with financial security and independence.
Contact us to discuss your property settlement.