Can my Ex Partner Claim Money After Divorce?
When a relationship ends it can be one of the most stressful experiences we endure in our lifetime and certainly one of the most emotional. The fair and equitable divison of assets is affected by a number of factors including the number of children/income and countless other factors which really require specialist guidance and advice. get the best solution of Separation and Divorce Property.
Ever since the Family Law Act allowing for no-fault divorce was introduced in 1975, the Australian divorce rate has been reduced by over half. But unfortunately, there is still an average of 2 divorces per 1000 people in Australia per annum. so, Separation and Divorce Property really matters!
You should always seek independant legal advice about your specific situation but here are some very low cost tools to help you establish an entire list of Assets and liabilities qucikly and effectively.
My Fair Share has a one off cost of $49 and it is a fantastic resource if you would like to start building your knowledge about how Courts evaluate and come to decisions in relation to property matters, however, you are reminded to seek additional advice once you have completed this task. (We expect it will easily save you its $49 cost in efficiency down the track).
Another great resource for what to do before you seperate checkout this post from the Barton Family Lawyers website which has some great advice especially if you have children.
The governments own Money Smart Website is also an excellent resource of information and contains information on how to obtain free legal advice and also lists a free asset calculator that you can use to assist you build a basic picture.
How Assets are divided in a divorce Australia?
It is imperative to keep up with your mortgage payments and utilities while matters are worked through. With a clear separation date established keep good record of how property expenses were met after that date especially if one partner is unable to contribute and contributions can’t be equally met to maintain them.
If you must sell your home then it makes good sense to have 3 or 4 meetings prior to lisitng it for sale to deal with as much of the personal property division you can reasonably do. If you can’t decide on items just leave it to the specialists, however, photos and personal items that can be worked through without argument that can be taken out of the home that does not interfere with the marketing of the home should be a priority.
When it comes time to select a real estate agent try and appoint an agent that you both believe will be an excellent communicator, respect you fairly and equally and obviously work to get you the best price available in the market.
“Don’t facebook post or publicise about your relationship issues.This can not only cause tension or miscommunications with your partner but it can have an impact on your relationships with significant others.” -Barton Family Law
Finally, try to avoid conversations with your partner that are likely to lead to disagreements or argument. Try and remember that you did share some good times with your partner too and there is no value in hurting one another emotionally longterm.
If you would like to discuss selling your property then please consider scheduling a meeting with me over zoom to discuss your options. I can talk to you about the best marketing strategies to sell your home and also give you some ideas on how to make decisions with your partner effective in both of your interests. All discussions are completely confidential. If you would like to schedule a free meeting with me please do so using this link. Alternatively you can also contact me directly on 0422 333 333 to arrange a face to face meeting about Separation and Divorce Property matters.
“You can cut all the flowers, but you cannot keep spring from coming,”
Pablo Neruda according to PEN America on Twitter.
