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Author: JFL-Admin

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Are prenups worth it?

We are seeing more young couples seeking prenuptial agreements (or s90B Financial Agreements) amid first-home-buyer woes. High interest rates and house prices has seen an increasing number of our youth get financial support from parents – with strings attached. But are prenups worth it? The Productivity Commission found that the average deposit has more than doubled […]
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Does your ex have to help pay private school fees after separation?

Parents must carefully consider their ongoing responsibility for school fees after divorce. Their cost and the constant rise of inflation making everything more expensive can cause complications even for intact relationships. The Child Support (Assessment) Act 1989 sets out a formula for calculating the Child Support that is payable by one parent to another parent.  The assessed […]
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Can you get urgent spousal maintenance?

Spousal maintenance is financial support paid by one party to a marriage or de facto relationship to the other in circumstances where they are unable to adequately support themselves. If a person cannot meet their own reasonable expenses from their own income, then the other party has a duty to support and maintain them if […]
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Do Rising Interest Rates Affect Your Separation?

Your relationship has irretrievably broken down and are looking to finalise your finances. Interest rates are continuing to climb and there are whispers of a recession. Do rising interest rates affect your separation? It is essential to consider how changing financial circumstances might impact it. If your property matter goes to a Court hearing, the Court is […]
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What is a marriage annulment?

Your marriage is not going smoothly and you feel that ending it is the best way for both parties to move forward. You have heard of divorce as an option but before choosing that, you have also heard that an annulment is also available. What is an annulment? What is a marriage annulment? The Federal […]
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