One of the key matters that divorced or divorcing couples have to deal with is the division of the property that they own. When the parties involved are unable to reach a consensus regarding how to divide their property, they can always turn to the courts for assistance.
The Australian family law system provides a legal framework for the division of marital property. If you're contemplating going to court to make a property settlement when you're getting a divorce, a family lawyer that focuses on property settlements can guide you through the murky waters of filing an application for property settlement.
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Be it divorce, property settlement, child custody, alimony or any other family law matter, a common myth about Australia's family law system is that all disputes involving family relationships must go to court. Far from it, family law courts in the country encourage families to use the family dispute resolution (FDR) framework to settle squabbles out of court whenever possible.
Read along to find out some of the great advantages that are associated with FDR.
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Domestic violence doesn't just manifest itself as physical or psychological abuse. Some people use financial control to create a situation of economic abuse.
What is economic abuse and what can you do about it?
What Is Economic Abuse?
Economic abuse can take various forms. Generally, this term applies to a relationship if one partner uses money or finance to control the other.
In some cases, this is all about one person using money to limit the other person's independence.
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Trusts are a vital aspect of the estate planning process. They allow you to protect the inheritance of beneficiaries who cannot manage their wealth. The extract below discusses the various considerations you should make when creating trusts.
When To Consider Trusts
Trusts are an ideal choice when you need a beneficiary to meet specific requirements before receiving their inheritance. For instance, you may want your kids to reach 18 years before they can inherit property.
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When your relationship with your partner ends, your relationship with your children can arguably become more complicated, at least from a legal viewpoint. Whether you have primary custody and just how often you get to see them will be determined by a parenting agreement, which can be a matter of some mediation before it's lodged with the Family Court and then approved. As horrifying as the thought might be, what happens if your ex refuses to comply with this agreement and denies you access to your children?
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