Following the breakdown of a relationship, all parties need to consider how they are going to divide their property. This maybe a relatively simple process involving just a few assets such as the family home, motor vehicle and funds in bank or it may be complex involving trusts, self-managed superfunds and business ventures. If you are unsure what is included our team at AMC Lawyers can guide you through all the ins and outs.
The Court has adopted a 4-step approach to resolving family law property matters:
- Identifying the property pool to be divided
- Contributions made by each party throughout the relationship both financial and non-financial
- Future needs of each party
- Is the proposal fair and equitable
AMC Lawyers can help you reach a fair and equitable settlement.