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Mathews Family Law & Mediation Services have created many detailed articles answering the most common questions people have in relation to their rights and Australian Family Law.
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You can make an application for a property settlement under the Family Law Act if any of the following apply:
The same laws about property apply whether or not you were married or in a de facto relationship. You can start negotiations about property as soon as the relationship has broken down.
In a de facto relationship, you must commence property or maintenance proceedings within two years of your separation.
The laws relating to property settlement at the end of a de facto relationship have recently changed. For relationships that have broken down since 1 March 2009, the Family Court now deals with all of the legal aspects of the separation, including any:
Child Support Agreement,
Parenting Plan or
Parenting Order.
Child Support
Child Support can be sought via the Child Support Agency or a Child Support Agreement.
Parenting Orders. may be sought in the Local Court, the Federal Circuit Court or the Family Court. The principles that apply to the children of marriages also apply to the children of de facto relationships.
One of the most important, and perhaps the most difficult, issue facing couples who separate is the question of ‘who gets what?’ The Family Law Act provides for property settlements between couples in a de facto relationship. Most property settlements are dealt with by the Federal Circuit Court or the Family Court.
The laws relating to property settlement at the end of a de facto relationship have recently changed. For relationships that have broken down since 1 March 2009, the Court now deals with all of the legal aspects of the separation, including any parenting agreement, property settlement and maintenance. As a result, parties to relationships that have broken down after 1 March 2009 may have more extensive entitlements than they would have had under state law.
Depending on the length and dynamic of the relationship, as well as the way that the parties have arranged their finances, a property settlement can be quite simple or involve complex negotiations.
Both financial and non-financial contributions are taken into account when determining de facto property division. The new changes to de facto laws now allow for future needs and superannuation splitting arrangements to be considered as well. The Court will consider the financial and non-financial contributions made by each party and divide the property in a manner that is just and equitable.
Strict time limits apply to commencing property settlement proceedings in a Court. You must apply for a Court Order within two years from the date your de facto relationship ends. It is important that you seek proper legal advice as soon as possible.
The lawyers at Mathews Family Law & Mediation Services Melbourne understand the difficulties involved and the unique nature of individual relationships. We have extensive experience negotiating property settlements for couples who have a substantial asset pool, such as a major property/share portfolio or a family business. We understand both the emotional and the commercial implications of splitting assets. We are committed to ensuring a fair settlement is achieved as quickly as possible, we aim to reduce the time taken and therefore the cost to you.
Mathews Family Law is a law firm based in Melbourne. Please contact us on +61 3 9804 7991 to speak with a family lawyer from our law firm today. You can also send through your enquiry online now and we will contact you shortly.
Separation agreements are a type of Binding Financial Agreement. A separation agreement is entered into in anticipation of, or at the conclusion of a de facto relationship. These agreements can provide for the division of the parties’ property and maintenance.
Binding Financial Agreements can be made between parties to a de facto (including sex couple) relationship. These agreements can be made before, during or after the de facto relationship.
Parties to a de facto relationship can make binding financial agreements. A financial agreement can be made either before the relationship begins at any time during the relationship or on separation. The agreement can cover matters such as:
If you have come to an agreement without legal advice, you should obtain advice before you sign anything. Mathews Family Law & Mediation Services can provide you with the advice needed to make an informed decision before you enter into a binding financial agreement. We can also assist by drafting the agreement for you to ensure that it covers all the legal requirements that you may not have thought of.
Mathews Family Law is a leading family law firm in Australia. Please contact us on +61 3 9804 7991 to speak with our family and divorce lawyers today. You can also send through your enquiry online now and we will contact you shortly.
De facto partners can now be compelled to pay maintenance to the other partner after separation under the same provisions that apply to separated married couples.
One difference for a de facto maintenance Order is that it will automatically end if the party receiving maintenance marries. In the case of the receiving party entering into a de facto relationship, the paying party can apply to have the Order set aside.
A de facto relationship is defined as one in which a couple lives together in a genuine ‘domestic situation’. There will be a close personal relationship between two adults whether related to one another or not, one or each of whom gives domestic support and personal care.
A Court will make Orders if it is satisfied that:
The laws relating to property settlement at the end of a de facto (including gay or lesbian de facto relationship – see Same sex couples) have recently changed. For relationships that have broken down since 1 March 2009, the Court now deals with all of the legal aspects of the separation, including any parenting agreement, property settlement and maintenance. As a result, parties to relationships that have broken down after 1 March 2009 may have more extensive entitlements and obligations than they would have had under State law.
The lawyers at Mathews Family Law & Mediation Services Melbourne understand the difficulties involved and the unique nature of individual relationships. We have extensive experience negotiating property settlements for couples who have a substantial asset pool, such as a major property/share portfolio or a family business. The process of a breakdown in a de facto relationship can be just as complex as divorce. We understand both the emotional and the commercial implications of splitting assets. We are committed to ensuring a fair settlement is achieved as quickly as possible, we aim to reduce the time taken and therefore the cost to you.
In addition to helping couples after a relationship breakdown, we can also provide advice to clients who may be considering entering into a de facto relationship and want to protect their assets and financial independence.