Before initiating Court proceedings in the Federal Circuit and Family Court of Australia to divide assets parties are required to comply with all pre-action procedures, unless exemptions apply. Pre-action procedures are steps that parties are required to take in an attempt to resolve a financial dispute before they file an application with the Court. The …Read More
Pre-action procedures – what do I need to do before filing in the Federal Circuit and Family Court for property disputes?
Posted On: 3 May
Posted On: 11 April
When a de facto or married couple separate and commence the process of identifying their assets, liabilities and superannuation benefits, they need to include their business interests. If one or both of the parties to the relationship have a financial interest in a business, company and/or family trust, that interest forms part of the parties’ …Read More
Posted On: 3 September
The Full Court of the Family Court of Australia in the matter of Grady & Chilcott (2020) recently considered whether the de facto wife of an 8-year de facto relationship, was entitled to receive a property settlement from her former de facto husband. Whilst you might think that being in a relationship for a period …Read More
Posted On: 17 August
Are property and assets split equally? When couples separate, the division of property, assets and liabilities is one of the main issues to be considered. A common misconception surrounding this process is that everything is split 50/50. There is no rule in family law property matters stating that assets and property should be shared equally, …Read More
Posted On: 2 April
We are in the midst of a global pandemic with the share market at an all-time low, our Australian dollar historically low and the property market expected to fall up to 20%. If you are going through a property settlement, you may be increasingly worried about what this means especially where you were perhaps negotiating …Read More
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