Property settlements - PowerPoint PPT Presentation

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Property settlements

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A property settlement is one of the most important features of separation/divorce as it sets out how the assets of the relationship will be divided. Dividing properties in a divorce means all the assets such as real estate, car, savings, shares, superannuation, and debts will be split between partners. Financial and property settlement is a difficult problem that you should ask for legal advices from a family law specialist as early as possible. – PowerPoint PPT presentation

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Provided by: KarenLHaga
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Title: Property settlements


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Property settlements
Karen L Haga Associates
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  • Property settlements
  • A property settlement is one of the most
    important features of separation/divorce as it
    sets out how the assets of the relationship will
    be divided. Dividing properties in a divorce
    means all the assets such as real estate, car,
    savings, shares, superannuation, and debts will
    be split between partners. Financial and property
    settlement is a difficult problem that you should
    ask for legal advices from a family law
    specialist as early as possible.
  • When intending to get a divorce, the couple
    should sort out the property settlement
    agreement. If the agreement can't be reached, the
    couple will be required to attend the dispute
    resolution for their property settlement issues
    before going to court. The Family Court of
    Australia and Federal Circuit Court of Australia
    use dispute resolution services as they are an
    affordable and often quick option for resolving
    disputes, while allowing you greater control and
    management of the process and the outcome. You
    should seek legal advice before deciding what the
    best option for your dispute is. A lawyer will be
    able to help you understand your rights and
    responsibilities and also help you and your
    former partner reach an agreement without needing
    to come to court.
  • Once you and your former partner have come to an
    agreement through dispute resolution then you can
    make a parenting plan or file consent orders with
    the Court. If the agreement still can't be made,
    the court will make the decisions for your
    property division based on differents factors,
    including
  • The duration of the marriage
  • The age and health of each spouse
  • The contributions made to the marriage by each
    spouse
  • The current income and earning potential of each
    spouse
  • The child rearing responsibilities of each spouse

Property settlements
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Contact Us
02 9899 9331
02 9894 9133
24/15 Terminus Street, Castle Hill, NSW 2154
At Karen L Haga Associates, our philosophy is
simple. We aim to give you the best possible
advice, obtain the best possible outcome for you,
and deliver the best possible service every step
of the way.
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