A commonly held fear is that becoming involved with someone results in that party becoming entitled to half of the assets brought into the relationship by the other, upon a later split. Fortunately, there is no blanket approach imposing a 50/50 split.
Category: Property Law
Busting a Property Settlement Myth: Losing Half the Day you are Hitched
Financial Disclosure in Property Settlement Agreements
Although it is tedious, failing to disclose a piece of relevant and material financial information could be fatal to the settlement, especially when there is a small property pool.
Family Law and Property Settlement
Negotiating and finalising property settlement arrangements can be complex and emotionally draining. While the majority of couples resolve things satisfactory and move on with their lives, it does take time.
Property Settlement – The Good, the Bad and the Ugly
Can your ex-partner make a financial claim against the assets you divided informally after separation? If your settlement was not finalised in accordance with family law requirements, a second bite of the cherry is possible. And that inheritance or Oz Lotto win received after separation is up for grabs!