As the world becomes increasingly digitalised and the number of people who own cryptocurrency increases, cryptocurrency is becoming a more common feature in family law property settlements.
What happens to the engagement ring when you separate prior to getting married or when you separate/divorce after marriage? Does the recipient get to keep it, or should it be included in the assets available for distribution between the parties?
In the event your parenting dispute proceeds to Court, it is likely the Court will make an order providing for you and/or the other parent to complete a parenting course if you have not completed one previously.
Under Australian family law, superannuation is treated as an asset. The balance of yours and your former partner’s superannuation should therefore be considered when negotiating and formalising a property settlement agreement after separation.
When negotiating property settlement after separation, how an inheritance is treated can vary. Judges in family law matters have wide discretion to decide whether it’s included in the asset pool and, if so, how it should be divided.
There appears to be a common misconception that you need to be divorced to commence or finalise your property settlement or that property settlement and divorce are both part of the same process. This is incorrect and likely an urban myth.
Family Dispute Resolution (FDR) is a type of mediation. It can be used by separated couples to resolve parenting and/or property disputes. We explore the types of FDR available to parties (both before and after court proceedings have commenced), the FDR process and commonly asked questions.
Are you separated/divorced and entering into property settlement negotiations with your former partner? One of the first steps will be to determine the value of your assets, liabilities and any financial resources but what happens if you can’t agree on values?
Using social media during a separation or divorce is totally fine - unless of course, you are posting about your ex-partner. It is important to understand that in Australia, using social media can have an impact on the outcomes of your separation and divorce.
Let’s assume you have reached a property settlement agreement with your ex-partner following your separation. The next step is to make your agreement legal and binding. It is important to get legal advice about your property settlement agreement and to make sure that the agreement is formalised.
This article answers common questions to help you apply for a divorce in Australia. It is important to understand that filing for a divorce is a legal process that is separate from settling parenting arrangements or having a property settlement.