Property Settlement Services at SM Family Law
Property settlement refers to the division of property held by the parties, either individually or jointly. This includes more than just the family home. It deals with all assets and liabilities including money in bank accounts, furniture, investments, business interests, and personal items. In some cases it will involve a splitting of superannuation so that one party is required to transfer part of their superannuation balance to the other.
The most common method to document a property settlement is through Consent Orders or Orders made by the Court.
Our lawyers are experts in assisting you to navigate the five step process used by the court to determine what your entitlement is likely to be. We guide you through the process of disclosure and discovery to establish what assets and liabilities are available for distribution. We explain to you the importance of documenting the relevant contribution factors, and determining any future needs you may have.
Key Elements of Property Settlement:
Why Choose SM Family Law for Property Settlement?
Expert Guidance
Our seasoned family lawyers bring extensive expertise to the table, ensuring a thorough understanding of your unique circumstances and delivering tailored solutions for an effective property settlement.
With a proven track record of successfully navigating complex property matters, our team is dedicated to securing optimal outcomes for our clients.
Negotiation Experts
Experience with complex financial structures
It is important to note that time limits apply to making an application to the courts seeking orders for the division of property. In the case of married couples, it is twelve months from the date of your divorce, and for de facto couples, you have two years from the date of separation.
If you are outside of this time, it is important that you seek legal advice immediately, as it may have a significant impact.