Divorce Financial Settlements2021-08-10T01:58:44+00:00
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Divorce & Property Settlement Lawyers The division of assets and liabilities is complex but the right advice and representation can ensure the best outcome.

Whether you’re in the early stages of a property settlement after separation or divorce, we can assist you with up to date information and advice for your property and financial settlement. We’ll ensure you receive all your entitlements whether your financial circumstances are simple or complex.

Family Lawyers for Property & Financial Settlements

Property settlement covers much more than the family home. There are often bank accounts, superannuation, cars and other assets to consider. There’s also liabilities including home and personal loans, credit and store cards. Assets and liabilities need to be divided and the settlement legally documented.

The financial and non-financial contributions of both parties to the relationship are considered during the property settlement process. The future earning capacity and care of any children is also taken into account in deciding the outcome.

We’re experienced family lawyers in negotiating with the other party to achieve a property settlement without court action if that’s in your best interest.

Settling on Complex Finances

Everyone has a different financial situation. Yours may be complex with a mix of businesses, companies, partnerships, family and unit trusts, self-managed superannuation funds, investment properties, shares, and overseas assets.

You may have set up and managed the assets so you have a good understanding of them or your partner did so your knowledge is limited. Whatever your situation, we can help.

Complex financial situations should be handled by an experienced family lawyer to ensure you receive the right advice. We regularly work with clients’ accountants and financial planners to ensure the best outcome.

If you have any queries about your property settlement or would like further information, please contact Sage Family Lawyers on (03) 9070 9839 or info@sagefamilylawyers.com.au for a confidential, obligation-free chat.

Sage Family Lawyer is centrally located at Level 4, 533 Little Lonsdale Street, Melbourne VIC 3000

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    Frequently Asked Questions

    Can I Arrange Property Settlement If Separated?2021-07-14T04:45:09+00:00

    If you are separated and wanting to arrange a formal division of property, you can formalise your property settlement before filing for divorce. You do not need to be divorced to settle your property arrangements, although you cannot file for divorce unless separated for 12 months.

    How Long Does Separation or Divorce Property Settlement Take?2021-07-14T04:44:07+00:00

    Couples in a de facto relationship can begin property settlement proceedings on the day of separation and within two years after separation.

    Married couples need to commence property settlement proceedings within twelve months after the date the divorce has been finalised.

    Many factors will affect the time frame and completion of a property settlement.

    For example:

    • The financial complexity of wealth and property that needs to be divided.
    • That both parties are in agreeance to the financial settlement.
    • Whether you both sign an agreement and avoid going to court.

    If both parties agree to settle out of court, your property settlement can take up to four months to finalise. The average property settlement from the separation date and divorce is approximately 18 months.

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