Property Settlement
Property settlement is the legal process of dividing assets, liabilities and financial awards between two parties who are separating or divorcing. This can include both physical property such as real estate and personal possessions, as well as any finances shared during the marriage. In Australia, property settlement is governed by The Family Law Act 1975 which outlines a number of rights and regulations for couples going through a separation.
Under the law, all parties must disclose their total financial situation to ensure both sides receive an equitable outcome. It is also important to note that if one partner has contributed more financially than another during the relationship then they may be entitled to more in any settlements. The court may also award additional funds if there are children involved or if one partner requires support after the marriage.
At Strategic Lawyers, our team of experienced lawyers can help you through every step of the property settlement process. We will assess your individual circumstances and provide professional legal advice to ensure a fair outcome for both parties. Our team is also able to negotiate on your behalf with the other party to reach an amicable resolution, or represent you in court if required.
If you are going through a separation or divorce, it is important to seek professional legal advice as soon as possible. At Strategic Lawyers, we understand the emotional and financial implications of marriage breakdowns and have years of experience dealing with property settlements. We also handle all aspects of paperwork, so our clients don’t have to worry about the administrative burden of filing documents or tracking down financial information. Contact us today to arrange an initial consultation.
Our lawyers utilise a variety of strategies when it comes to property settlements, including negotiation, mediation and court proceedings if necessary. We will work with both parties throughout the process to ensure a fair and equitable result is achieved for all involved.
If you are considering pursuing a property settlement then please do not hesitate to contact us at Strategic Lawyers. Our team of experts are here to help you navigate the family law legal process and achieve a successful outcome.
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Here at Strategic Lawyers Townsville we’re experts in striking good bargains, but the most important bargain for us, is the one we strike with our clients.
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