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

Superannuation is money that you save for your retirement. It is usually locked away until you reach your preservation age, which is between 55 and

The erosion principle in Australian family law is a pivotal yet complex concept, instrumental in determining the distribution of assets during the dissolution of a

While changing your property’s lock without informing your husband may seem deceptively simple, it demands careful consideration. With both personal safety and legal rights at

In Australia, most married couples typically own property such as real estate as joint tenants in equal shares. When a couple decides to divorce in

During a property settlement, personal injury settlements can be included in a divorcing couple’s pool of assets. A personal injury settlement is received when a

A Trustee in Bankruptcy in Australia is a person or entity appointed to manage the financial affairs of a bankrupt individual. Their role includes selling

In Australia, bankruptcy happens when someone can’t pay back their debts. On the other hand, a family trust is set up to keep family money