When deciding how property is divided, a court will consider the future needs of each party. It must then determine the approximate amount required to ensure they are met. Primarily, it is important that both parties maintain a reasonable standard of living.
• Current financial circumstances
• Eligibility for government benefits;
• Income and income earning capacity;
• Financial circumstances of a new partner;
• Parental responsibilities;
• Responsibilities as a carer;
• Marriage duration;
• Financial support of another person;
• Child support obligations;
• Financial agreement terms, if any
If you are experiencing difficulties relating to a property settlement, Gleeson and Co Lawyers can help.
We have extensive experience in Family Law and will offer sound advice and guidance based on your needs and personal circumstances.
Call us today on 9534 3002