Property Settlement Family Lawyers
The division of assets, debt, and financial resources from a marriage or de-facto partnership can be fraught with complications. In some cases, partners may be able to reach a fair and agreeable outcome without the need for legal intervention, in others, a legal mediator is required to ensure that both parties can reach an agreement.
Our property settlement lawyers will review the facts or the case and provide legal counsel and mediation services that help you to reach a fair settlement.
If you are going through a divorce or separation, it is important to seek legal counsel to ensure that your best interests are protected.
Property Settlement Services
Our property settlement services can be catered towards your unique situation and may include one or a mix of the following:
- Conducting a thorough analysis of the circumstances of your relationship to properly understand your entitlements.
- Negotiating with your ex-partner directly or mediating with their legal representative to reach a fair outcome without needing to go to court.
- Representing you in property settlement matters that go before the court
- Providing advice and guidance on your entitlements and preparing you for the possible outcomes that may follow.
- Valuing your property and other assets which may be subject to division with your partner
- Identifying the tax implications and providing actional advice to help you secure the most favourable outcome.
How is Property Divided in Australia?
In cases where both partners cannot reach an agreement for how property should be divided in the wake of a marriage or de facto relationship breakdown, matters will be handled by the Family Court of Australia.
A property settlement is a formal division of assets when a couple separates. Australia follows the law of equitable distribution. Equitable distribution means that partners are not automatically entitled to a 50/50 split of assets at the end of a de facto relationship or marriage. Instead, the division of property considers each partners financial contributions, needs, and a range of other factors in determining how assets will be split.
In cases where a ‘prenuptial agreement’ or a binding financial agreement (BFA) exist, the terms in that agreement (where enforceable) will be considered.
Professional and on time. Our lawyer is a person of high integrity and is genuinely committed to helping us achieve our goals. If Chris Chang leaves the firm, we will follow him. All aspects of their work were performed at an exemplary standard — skill, timeliness and client service. Good practical advice speedily given and implemented. Responsiveness, quality, professionalism and value. Highly recommend working with Chris — responsive, professional and outcome-focused, and very well-priced given the exceptional quality of work. Chris Chang always responded very promptly. Heathfield Grosvenor have no areas in which they could improve — our experience was nothing but positive. Professional and diligent in their research, prompt and timely in their responses. I achieved a favourable outcome. Highly professional, diligent, and trustworthy services. Chris went above and beyond — and truly cares about his clients. Chris provided excellent advice and great service. I would highly recommend. They made the process seamless for us. Very professional and very knowledgeable in their field. Chris Chang goes above and beyond to get the desired results. Their pricing is fair and you don't feel like you're constantly on the clock. Very professional service and top quality advice — quality, professionalism and value. Excellent and timely advice, professional handling of all issues. All was good, easy communication (we are from Italy), efficient support, fast procedures. Understood exactly the issue and resolved it right away. Made sure I did not include unnecessary expense in pursuing my litigation for a broken contract.Testimonials
