Takeaway Point If you are starting a relationship (or currently in one) and you have property, then you should seek legal advice about how to keep that property in the event of separation. Property can include: Real Estate Bank Accounts Cash Vehicles Household Furniture and Contents Shares Investments Superannuation Interests in a Business or Trust Inheritances Would You Like…
In many relationships we see, it’s common for one person to hold or control all of the cash assets. This may be intentional, or it may simply be a consequence of the financial arrangements during the relationship. Unfortunately, upon separation, this type of financial arrangement often results in one person being left with no cash. Without cash, that person does…
Takeaway Point There are strict time limits that apply in Family Law and it is important to ensure that you are aware of the deadline that applies to your situation. An expiring time limit is not something that you want to sneak up on you! Would you like further information? For more information read our earlier post, Time Limits –…
For most people, the family home is the most valuable asset they own. When couples separate, the family home is usually the most significant asset that needs to be divided. Should one of you keep the home and pay the other out? Or should you sell it and divide the sale proceeds? At Martens Legal we assist our clients to…
When going through a separation, we always recommend that people try to negotiate and resolve their financial and parenting matters by agreement, rather than litigating the matter in Court (See our post “Why You Should Avoid Going To Court In Family Law”). However, there are times when Court litigation might be your only option. For example, if you and your…
Consent Orders are almost always the best way to legally document a separation agreement. The purpose of this post is to provide you with information about the benefits of Consent Orders and the steps involved in obtaining them. What are Consent Orders? The Family Court encourages people to reach an agreement about family law matters arising from separation, including: – …
The decision to leave the family home following separation is an extremely difficult one to make. Will the children be ok? Will I lose my right to the family home if I leave? What about the mortgage? These are the questions that often arise when making the decision to leave. This post is intended to help answer some of the…
Separation can have a disastrous impact on your business. Many of the impacts can be avoided if the separated couple receives proper guidance at the outset from trusted advisors. This post provides some practical tips on the steps couples should take to keep their business afloat through a separation. We’ve separated, now what do we do? At the outset, our…
Super is often the most significant asset of many families, after the family home. It is possible that your former partner could access your super by way of what is called a ‘super split’. The purpose of this post is to provide some background about super and family law generally and guidance about how a super split works. How is…
Did you know that for separated couples, there are time limits to when you can apply to the Court for financial orders? And, that if you miss this time limit you may lose your right to a property settlement or spousal maintenance? Don’t worry if you didn’t, you are not alone and we are here to help. The purpose of…
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