Have you, a friend or relative just separated? If so, the information below could help. What is meant by separation? Separation is the ending of a marriage or de facto relationship. De facto relationships include same sex couples. Separation is simply a fact, which is established by one or both parties forming an intention to end the...
Upon separation, many couples resolve financial matters privately without ever involving lawyers or getting a formal agreement filed in the Family Court (or, in some circumstances, entering into a binding financial agreement). While this might save money, it also leaves you exposed to future claims against your assets and it might also cost a great...
Finalising a property settlement legally after separation offers more than just certainty about your entitlements and obligations – there may also be substantial tax benefits. When there is a transfer of real estate from joint names to one person only or from one party to another, it would normally attract stamp duty. Under Section 113...
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