What is property?
When considering property settlements you will need to list any assets, liabilities and financial resources such as superannuation entitlements that you and your spouse have either in your name or held on your behalf.
Your assets include the contributions of you and your ex-partner before and during the relationship, parenting and financial contributions, inheritances, business and commercial interests, superannuation, investments and future needs.
You should obtain documents to prove the existence of those assets, liabilities and financial resources and current values where possible. Sometimes, these documents may be in your partner’s possession. In this instance, you could obtain this information through the court process if your partner is unwilling to cooperate or you feel that he/she is not being completely honest with you.
Ideally, you want documents that prove the value of your assets, liabilities and financial resources:
- At the time you started living with your ex-partner.
- At the time you separated.
- Your present day position.
How DBH Lawyers Can Help.
DBH Property Settlement Lawyers specialise in professional asset division and are available to work with you throughout the entire process. We can provide expert legal advice on how to resolve the division of your assets after a separation, and can assist you in reaching a cost-effective resolution no matter your assets’ value.
You do not need to wait until you are divorced to resolve financial matters. In fact, DBH recommends seeking advice on your property rights as soon as possible, or even before you separate.
Duncan Basheer Hannon works with a specialist team of conveyancers to provide excellent legal advice regarding any property transactions that may occur as a result of a marriage/partnership breakdown. Our expertise extends across residential and commercial settlements.
Property settlement can be lengthy and complex, but it’s extremely important that it’s done properly. If you would like to speak with one of our lawyers, contact us here or submit your property settlement questions below.