Category: Property Settlement

Generally speaking, once a gift has been given and accepted unconditionally, it cannot be legally taken back in Australia. This is because a gift is

Are legal settlements taxable income in Australia? This is a common concern for individuals going through family law matters. In Australia, most family law settlements,

Capital Gains Tax (CGT) on property is an important part of Australia’s tax system, and it has big effects on homeowners, buyers, and people who

Gifts received during the marriage can be considered part of the matrimonial property pool, their treatment in the final settlement can vary based on factors

A de facto relationship in Australia refers to a couple living together on a “genuine domestic basis” without being married. However, sharing the same home

Have you ever wondered what happens if a spouse wastes money or assets during a separation or divorce? In Australian family law, this is known

Like many things in family law, the answer depends. Australia has two main property division systems: community property and equitable distribution. Understanding which system applies

Divorce invariably brings a series of complexities, not least property division. This division demands careful consideration when the shared property falls under the ‘tenants in

A property caveat is a legal document that provides notice that a person or entity has an interest in a particular property. It operates as

Many divorcing couples are unaware of the significant tax implications around divorce particularly about tax obligations arising after the transfer of real property from one