Cairns Divorce Lawyers | Family Lawyers

Property Settlement Cairns

Property Settlement Cairns

Property Settlement after Separation

If you have separated or divorced from your partner, you are probably worrying about what will happen to you financially.

You will need to make decisions about the finances, property, and other assets (e.g. superannuation, shares) that you and your former partner have, and also any debts or liabilities you each have. This process is known as a property settlement.

If you and your former partner can agree on a settlement, we recommend that you speak to a family lawyer about the agreement before it’s finalised, because the agreement can only be set aside in limited circumstances.

If you cannot agree on the settlement, a family lawyer can negotiate with your former partner on your behalf, or support you at the Family Law Courts to get a Property Settlement Order if you still can’t reach an agreement.

There are time limits on property settlement: you can finalise it any time after you separate, but it must be done within 12 months from the date of your divorce (the date the Certificate of Divorce was issued), or within 2 years if you were in a de facto relationship. 

Property settlement can be a difficult process, especially if you have limited resources. Contact us to find out how you can defer your legal fees until you reach settlement (conditions apply).

Make an appointment to speak confidentially with one of our family lawyers about getting a fair property settlement.

Deferred Fees available (Conditions apply)
Call us now for a free over the phone or face to face consultation
4052 0790

Factors considered by the court

When you apply for a property settlement, you will need to disclose your financial circumstances (assets and liabilities).

The court will usually consider the following factors in deciding on the property settlement:

  • the financial contributions of each of the parties to the assets of the relationship
  • the non-financial contributions of each of the parties
  • the contribution of each of the parties in the role of homemaker and/or parent
  • the future needs of the parties, including the need to provide for children, and the capacity of each party to provide for themselves and any children.

To reduce worry and be prepared, speak with one of our family lawyers today.

How we can help - next steps

We believe that everyone deserves access to good legal advice and representation, which is why we offer:

  • An obligation free initial consultation, so you can identify the best options for you and your family.
  • Deferred payment options*, so you don’t have to deal with legal fees until you have reached settlement.

Speak to one of our expert family lawyers today to take the first step to reaching a resolution.

*Conditions apply. Give us a call to find out if you are eligible. 

 

Useful Articles

If I Get The Kids Do I Get More Of The Property Settlement? | Family Lawyers

If I Get The Kids Do I Get More Of The Property Settlement?

As Family lawyers, one question we are often asked by a newly separated client is “If I get the kids,…

Speak to a Lawyer

At Cairns Divorce Lawyers you will always speak to a Lawyer.

Fill out the form below and we will call you back to organise a meeting with your own Lawyer.