With the ever-growing complexity of financial circumstances in a relationship, it is important to formalise a property settlement at separation. A property settlement that has been agreed to by both you and your ex-partner can be formalised in legally binding agreements known as Consent Orders.
Our property settlement lawyers in Sydney can create Consent Orders that cover a wide range of property owned together. This includes houses, shares, business interests, the family trust, superannuation, and other property such as jewellery, cash, and cars.
Considerations that will need to be taken into account include financial and non-financial contributions to the relationship and the future needs of the parties.
Should you be considering separation and require advice on a formal property settlement agreement, contact Buckley Lawyers. As property settlement lawyers in Sydney, we have extensive experience in drafting property agreements and negotiating property settlements for you, all while avoiding the costs and stresses of entering into court proceedings.
Should an agreement not be reached and proceedings through the Family Court system are required, we will be strong advocates to ensure that you receive the outcome that you are entitled to.
Under Australia’s Family Law Act 1975, a couple is entitled to legally divorce if their marriage has irretrievably broken down. The Law does not concern itself with why a marriage ended, only that there is no reasonable likelihood of the relationship being repaired. For this reason, ex-couples must be separated for 12 months prior to filing for divorce. If one party does not want to divorce or if the couple continues to live in the same house during the separation period, a divorce can still proceed. As long as both parties are aware that the relationship is over and you meet the other criteria of a separated couple, a divorce can be finalised following the 12-month period.
Property settlement is separate to divorce, and the division of property and other assets can be finalised prior to the legal divorce. In Australia, assets are split not on a 50/50 basis but to ensure equitable distribution of wealth. Property settlement matters take into consideration the total value of all assets, how much each party contributed to the relationship, and the needs of each party going forward. Through Consent Orders, you can negotiate and finalise the division of assets outside of court in a process that is legally binding and less stressful.
The Buckley Lawyers team has a comprehensive understanding of the Family Law Act and extensive experience drafting Consent Orders and negotiating the terms of a property settlement.
As experienced property settlement lawyers in Sydney, we know there are ways to advocate for your rights and entitlements without having to go through the emotional and financial toil of court proceedings. At the same time, we are fully equipped to represent you in the event that your matter goes before the Family Court.
Whether you’re just looking for information on the property settlement timeline or you’re ready to draft and negotiate Consent Orders that represent your best interests, the Buckley Lawyers team is here for you.
Dedicated to progressing your matter.
Advocating strongly on behalf of clients in court.
Providing clients with strategic guidance throughout the legal process.
Communication and advice in clear and easy to understand language.
Providing advice to clients after hours and on weekends.
Mediating matters for a prompt resolution.
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