Agreeing on the way that financial affairs should be settled after a relationship breakdown can be challenging. Stacks can help to ensure that property and finances are divided fairly, giving due consideration to your unique circumstances.
The existence of any existing agreements, such as ‘prenuptial agreements’ or ‘cohabitation agreements’, will affect the division of property and finances when a relationship breaks down. These agreements, usually made at the beginning of the relationship, will have covered issues such as the financial settlement (including superannuation) after marriage, financial maintenance of one spouse by another after marriage, and any incidental issues.
The following financial matters will require consideration:
- The division of any assets such as a house, car, furniture, savings etc.
- Spousal support and maintenance
- Child support if relevant
In the event that an amicable settlement cannot be reached, an application for a property order will need to be made at the Family Court or the Federal Circuit Court of Australia. The Court will consider a number of different factors when determining the financial split.
Stacks Law Firm will look at the details of your particular situation and help you reach a property and financial settlement with your former spouse or partner that offers you the best long-term outcome. We know that this is a challenging time and will approach your matter with the utmost sensitivity and professionalism. In all matters we will try to facilitate agreement between both parties in order to avoid the need for a Court hearing.
Need advice about property and financial settlements? Call us today