How will my assets be divided?

By |2020-04-08T04:30:50+00:00October 1, 2015|Blog, Family Law Matters|

In making decisions about how to proceed in a separation, it is crucial to have an understanding of how the Court divides the property of a relationship, and what types of things it will consider in arriving at what it views as being a just and equitable settlement of assets and liabilities. A key feature of the Court’s approach is working out each party’s contributions to the relationship’s assets. It recognises three types of contributions being Direct Financial Contributions, Non-Financial Contributions and Indirect Financial Contributions. Direct Financial Contributions First, the net property of the parties available for division must be [...]

What impact will separation have on the children?

By |2020-04-08T04:31:15+00:00June 1, 2015|Blog, Family Law Matters|

The Australian Bureau of Statistics (ABS) reports that in 2013 the average age of males who had filed for a divorce was 44.8 years, while the average age of females was 42.2 years. At this stage in a relationship, it is often the case that couples have children who will inevitably be witness to the separation process. It has been proven that any short or long term form of parental separation can have devastating effects upon children to the relationship. Amongst the many adverse effects that a child may be subject to, they may often feel a sense of confusion [...]