Tag: Separation

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. […]

Usually, when transferring ownership of property you will attract a hefty stamp duty bill  –  even if you are simply taking one partner’s name off the Title. For example, an investment property in Parramatta, New South Wales (not the family home) is valued at $500,000. If is being transferred from the name of both spouses/de […]

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 […]

De facto couples often wonder about the legal time limits that apply to their relationship, in particular those associated with making an application to the Court for a property settlement order. Can my ex-partner (de facto) apply to the Court for a share of my property? It is important to note that de facto couples […]

Every month we invite our readers to send us a burning question on family law, business, property leasing or employment matters. Here is one of those questions. “Firstly you have an excellent product range and one of the few companies whose emails I don’t mind reading. I have a question as follows:- I inherited some […]

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 […]

One of our customers contacted us this week, enquiring as to whether his long term local lawyer, who had acted on behalf of himself and his wife for many years, could prepare and finalise his Financial Agreement. The difficulty with appointing your family’s long standing lawyer to finalise your agreement is that the same lawyer […]