Tag: Divorce

A Property Settlement Agreement, more commonly referred to as a Binding Financial Agreement (BFA) in Australia, is a practical and effective method for officially documenting the distribution of assets and liabilities following the dissolution of a marriage or de facto relationship. This agreement enables a couple to outline their agreed terms for an equitable division […]

Using a Parenting Plan Template to document shared parenting responsibilities after you’ve parted ways with your partner is a brilliant way to simplify and make things easier for yourself. A Parenting Plan helps to keep things straightforward for both of you as you navigate life post separation, and most crucially, it provides stability and security […]

Family law settlements often envisage one partner buying out the other partner’s share of the family home or investment property.  This means that the Certificate of Title will need to be transferred into the sole name of the new owner (the transferee). There are 3 steps you need to do to complete the transfer. 1. […]

It is no secret that the Courts place a high value on the contribution of the stay-at-home parent or homemaker. In a high profile case handed down earlier this year, Elgin & Elgin, Justice Forest has awarded a stay-at-home mother and homemaker 50% of the family’s assets, seeing her role as equal to that of […]

Go to Previous Article – Estate Planning and Financial Agreements If you made a Will during marriage and the marriage has now ended, you should make immediate plans to review your existing Will. If you have divorced, you may find that:- the whole of your Will (if you are in Tasmania or Western Australia); or […]

Counselling and mediation services If you are struggling with family or relationship issues, or feelings of grief, sadness or anger associated with separation or divorce – help is available. Many support organisations exist in Australia offering various services to help you cope with and overcome painful and difficult times in your life. There is no […]

In Australia, the family law legislation encourages parents to agree about matters concerning their children and to take responsibility for their parenting arrangements by working together to resolve conflict. The best way to do this is to discuss the situation openly and put your agreement in writing in a Shared Parenting Plan Template. The Family […]

If you are separated or divorced from your children’s other parent, the holiday season can be an extremely difficult time for all involved. You’ll naturally worry about whether you’re being the best parent you can be and trying to find the delicate balance between making your children happy and making everyone else happy. One thing’s […]

Some people really know how to get themselves into strife. I had a call from a chap today, we’ll call him Brian.  Brian has been married for 25 years but recently left the marriage.  After he moved out of the family home, Brian inherited approximately $400K. With this money he purchased a house (as tenants […]

It is often the case that a party who is thinking of making a Financial Agreement is reluctant to divulge their financial information to the other party. It is a requirement of the law that each party to a financial agreement must make full and honest disclosure of all material matters. Whether it be a […]