Property Settlement

The Politician, the Wife and the Partner

A man has an affair with a woman he met at work. He was married to his estranged wife for twenty-four years and has four daughters with her. His girlfriend is now seven months pregnant with his fifth child. Spotted this weekend with his girlfriend house hunting in the holiday suburb of South West Rocks …

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walk away separate property

Court Refuses To Split Property After Breakdown Of 5 Year Marriage

A court declared that a husband and wife were to walk away with their own property after the breakdown of a 5-year marriage. This left the husband with $80,000 and the wife with $300,000. Under Section 79 of the Family Law Act 1975 (Cth), the court has the discretion to make property settlement orders if …

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Post Separation Inheritance To Be Shared By Divorced Couple

Mr Calvin and Ms McTier were in a relationship that lasted approximately eight years. In January 2014, about 4 years after separation, the husband received an inheritance from his father’s estate worth $430,686. The Court had to decide whether the inheritance received by the husband was to be included in the property pool for separation …

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26 Months In Court For A 19 Month Marriage

One Melbourne couple together spent over $225,000 over a 26-month period in Court disputing settlement of property from their 19-month long marriage. This recent 2017 case showcases how bitter disputes between exes can blow up in court and waste time, money and dignity for the parties involved. After a family law divorce, a former couple …

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16% of Married Couples Are Having “Financial Affairs”

Do you keep financial secrets from your significant other? A survey by the credit tracking company Experian states that 1 in 6 newlywed couples keep financial secrets from each other. Financial secrets include hidden bank accounts, excessive spending habits or lying about debt. Family law experts state that this so-called ‘financial infidelity’ can hurt a couple’s relationship …

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