Are overseas assets included in family law property settlements?

Are overseas assets included in family law property settlements? As globalisation continue to flourish after a pause due to a certain pandemic, it is becoming increasingly common for individuals to own property overseas, such as real estate, funds in international bank accounts or international shareholdings. Dealing with overseas assets in a property settlement can be

How to End a De Facto Relationship Positively

We have mentioned previously in several articles that there is no legal method for separations in de facto relationships. Sometimes couples or individuals come to us because they want to understand what might occur if they were to separate. Other times, they know they need to separate, and want to know how to end a

What happens to my business in a divorce?

When separating, whether you are married or in a de facto relationship, often some of the first concerns relate to children and how they will cope. This is closely followed by concerns about what the separation will mean for you financially. When your mind turns to any businesses you own, either together, individually or in

How to protect your assets from a new partner

If you are reading this, you may have been through the divorce or property settlement process yourself. Or instead, you may be looking at protecting assets from new partners for someone you care about. Here we explore how to protect your assets from a new partner as well as any existing partner. When a relationship

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

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. 

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