How your assets are divided can often cause serious concern for parties in times of separation.
We recommend that you obtain advice about your circumstances as soon as possible after separation, to ensure that you are aware of your rights and the Court process, and can put arrangements in place that are best for you and your family.
Hirst & Co specialise in complex property settlements, and are experienced in matters involving real property, trusts, and complicated corporate structures.
Ross Hirst and our team will work closely with you throughout your matter to ensure you understand the process step by step, and will work hard to achieve the best result you are entitled to.
We have assisted many clients to reach a settlement with their former partner both through mediation and direct negotiations, and encourage all of our client to engage in the settlement process to resolve their matter as quickly and as amicably as possible.
When dividing property after the breakdown of a relationship, the Court considers a number of issues, including:
- What property you each contributed when you started your relationship;
- What the current value of your assets and liabilities are to be divided between you;
- What contributions you both made during the relationship, both financially and through your role at home;
- What you have both contributed after your relationship has ended, both financially and through your role at home;
- What factors should be taken into account for the future; and
- Whether the division reached is just and equitable in all of the circumstances of your case.
The circumstances of every family is different, and how your property is divided will depend entirely on those circumstances.
For assistance with your family’s circumstances, contact us today on 07 3229 4221.