Showing posts with label property settlement Brisbane. Show all posts
Showing posts with label property settlement Brisbane. Show all posts

Tuesday, May 25, 2021

WELCOME TO AYLWARD GAME SOLICITORS BRISBANE

  


Aylward Game Solicitors Brisbane is a modern and dynamic firm of Brisbane Solicitors and Brisbane Family Lawyers who are strongly committed to traditional professional values of the legal practice in Australia.

The legal force Aylward Game Solicitors Brisbane, and their collective lawyers will harness nearly 80 cumulative years of experience in the fields of Commercial & Business LawBrisbane Family LawWills & Estate Planning LawComplex ContractCommercial LitigationEmployment Law and Property Law & Conveyancing; with particularly strong expertise in Children’s MattersDe factoDivorceMediation and Dispute Resolution as well as Vendor Finance and a wide suite of BusinessBanking and Finance Law Services.

BRISBANE LAWYERS

Aylward Game Solicitors comprise a powerhouse team of Brisbane Lawyers and supporting staff that is committed to the traditionally practiced values of the legal profession.

The legal force Aylward Game Solicitors and their collective lawyers will harness nearly 80 cumulative years of Experience in the fields of Family Law, Employment Law and Commercial Business Law; with Expertise in Divorce and Dispute Resolution as well as Vendor Finance and the full range of Business, Banking and Finance Law.

If you are searching for Brisbane’s Best Law Firm and seek to be represented by Brisbane Lawyers with an astute eye on providing value backed legal services, then look no further than Aylward Game Solicitors in Brisbane. Our Brisbane Lawyer Team is standing by and ready to handle your matter with attention to detail and professional knowledge in the right area of law. Let us guide you toward a fast and positive outcome and jettison the need to stress about your legal issues.


BRISBANE LAW SERVICES

We Solve Problems, we Find Solutions, we Look After your Best Interests, and we Provide Sensible,
Practical, Real World Legal Advice – Keeping You on the Game.



AYLWARD GAME SOLICITORS SOLVES PROBLEMS FOR A VAST RANGE OF CLIENTS IN MANY AREAS OF THE LAW

When two people separate (after a very long relationship), financial issues can become problematic because there is stress involved with the separation itself and you have to start thinking about how to split these assets up & how to finalise things…

This can often become a complicated process, especially if there are a lot of assets or children involved.
The most important thing after a separation has taken place is to seek legal advice as early in the process as possible because the sooner you’re aware of your rights and obligations, the sooner you’re going to be able to take steps to formalise matters between you and your former partner.

Article Source: WELCOME TO AYLWARD GAME SOLICITORS BRISBANE 

Monday, April 12, 2021

DIVORCE PROPERTY SETTLEMENT

 

After separation couples need to sort out how to divide their asset pool. This is called a ‘divorce property settlement’.

The only requirement for a divorce property settlement is an ‘irretrievable breakdown of the marriage. This is proved by a 12-month separation with no likelihood of reconciliation. The court does not examine whose fault it was that the marriage broke down. The divorce application will not resolve issues relating to children or property. You need to make those arrangements with a separate application. The divorce application must show you have made arrangements for the welfare of any dependent children.

Divorce vs Property Settlement

After separation couples need to sort out how to divide their asset pool. This is called a ‘divorce property settlement’.

After separation couples need to sort out how to divide their asset pool. This is called a ‘property settlement’.

The asset pool comprises all property such as houses, cars, shares, superannuation, liabilities (mortgage, credit cards) and financial resources (family trusts). The property, liabilities and financial resources of the relationship can be in joint names, your name only or your spouse’s name only.

After assessing the contributions made by each party, the Court is required to consider the factors under section 75(2) of the Family Law Act (otherwise known as “future factors”). Some of the “future factors” include –

  • The age and state of health of each party
  • The physical and mental capacity of each party to obtain employment
  • Whether either party has the care of a child under the age of 18 years
  • Any child support that has been paid by a party
  • Any child support that a party may be liable to pay
  • The necessary commitments of each party that enable that party to support themselves, a child or another person that the party has a duty to maintain.

The asset pool comprises all property such as houses, cars, boats, motorcycles, shares, superannuation, liabilities (mortgage, credit cards), and financial resources (family trusts). The property, liabilities, and financial resources of the relationship can be in joint names, your name only, or your partner’s name only.

If you and your partner come to an agreement on how you intend to divide your asset pool then you can enter into Consent Orders or a Financial Agreement to make the agreement legally binding.

If you would like to read the relevant sections of the legislation in regard to Divorce Property Settlement please go to the Family Law Act.

Please reference Sections 48 – 59 inclusively.

Visit our other page to view details on Australia’s Divorce Rates.

If you are unable to negotiate a divorce and property settlement of your assets then mediation and collaborative practice may provide assistance to you to negotiate this settlement.

If however by negotiation you are unable to resolve the division of your assets then it may be necessary to apply to the Family Court to obtain a judgment on the division of such assets.

People who found this page also searched for

  • Divorce Lawyers Brisbane
  • Property Settlement Lawyers Brisbane
  • Seperation Lawyers Brisbane
  • Divorce Property Settlement


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Article Source: DIVORCE PROPERTY SETTLEMENT