Tag: Separation

A person you have separated from can legally make a claim for your assets up to twelve months after a divorce or twenty-four months after a de facto separation. To protect yourself and become financially independent once more, you should enter into a Financial Separation Agreement. Learn more about Using a Separation Agreement Template in […]

Separating from your partner can be stressful and expensive. Fortunately, you can take many of your first steps without without involving combative lawyers. To begin: gather essential information; understand your rights and options; explore potential solutions to disputes; and seek support from friends, family, or counselling services. If you know how you want to divide […]

Many legal avenues are open to you when looking for a way to divide property after a separation. Each has its own advantages, but for many people, the significant deciding factor is cost. How much money will you need to spend to protect your assets and become financially independent once more? Learn more about Using a […]

In Australia, a “Separation Agreement” specifically refers to a financial contract that outlines the division of assets and liabilities when a marriage or de facto relationship comes to an end. Learn more about Using a Separation Agreement Template in Australia. It is important not to confuse this term with the American term “legal separation agreement,” […]

Going through a separation or divorce can be an emotionally challenging and stressful time. One aspect that often requires careful consideration is the division of financial assets and property. In Australia, couples have the option to create a Binding Financial Agreement (BFA), also known as a separation agreement, to document how their financial property should […]

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 […]