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Property Settlements

Are you considering your options when it comes to your family situation?

Family Estate Lawyer For Property Settlements

Finances are often the cause of many an argument, but this can be even more contentious when it comes to dividing the family home and its assets.

Unfortunately, it’s not a case of just dividing everything down the middle, there are other factors to consider, such as superannuation benefits, investments and who keeps grandma’s china!

The Family Court has the power to make any alterations it sees fit, in altering the

Interests of either party and therefore, it is paramount that you seek expert legal advice from a lawyer who is an expert in Family Law. We are expert family estate lawyers dealing with family estate attorney and property lawyers cases.

At BBLawyers we will hold your hand and take you through the whole process and explain each step along the way which include:-

  • Identify and value the assets and liabilities of both of you in the relationship
  • Identify the contributions both financially and non-financial that both parties made whilst in the relationship
  • Identify the future needs of each party involved
  • Make an order that is fair and equitable

If you want to get the best possible outcome and achieve peace of mind, contact us today. Nothing happens until you make the first step!

Or call for an appointment on- 02 9630 0444

Property Settlements in New South Wales (NSW)

In NSW, property settlements are governed by the Family Law Act 1975 (Cth) and involve the division of assets and liabilities between separating or divorcing couples. The key aspects of property settlements in NSW include:

  1. Identifying the asset pool: All assets and liabilities of the parties, regardless of whose name they are in, are considered part of the asset pool subject to division.
  2. Contributions: The court considers the financial and non-financial contributions made by each party during the relationship, including income, homemaking, and parenting contributions.
  3. Future needs: The court also considers the future needs of each party, such as their age, health, income-earning capacity, and the care of any children.
  4. Binding financial agreements: Couples can enter into binding financial agreements to determine how their assets and liabilities will be divided, either before, during, or after their relationship.
  5. Court orders: If an agreement cannot be reached, the court can make orders for the division of assets and liabilities based on the principles of fairness and equity.
  6. Time limits: There are strict time limits for applying for property settlements, typically within 12 months of a divorce order or 2 years after the end of a de facto relationship.

It’s crucial to seek legal advice and representation from experienced family lawyers to navigate property settlements effectively and ensure a fair and equitable division of assets and liabilities.

Navigating child custody matters? Our experienced team can guide you through the legal process, ensuring the best interests of your children are protected and their well-being is prioritized.

Considering separation? Our compassionate lawyers can assist you in understanding your rights and obligations, providing practical advice and support during this challenging transition.

Seeking a divorce? Our knowledgeable team can guide you through the legal process, ensuring your rights are protected and your divorce is handled efficiently and respectfully.

Facing property settlement issues after a relationship breakdown? Our skilled lawyers can help you navigate the complexities, ensuring a fair and equitable division of assets and liabilities.

Are you in a de facto relationship? Our experienced team can advise you on your rights and obligations, ensuring your interests are protected, whether you’re separating or seeking legal recognition of your relationship.