When parties to a marriage or de facto relationship separate, it is often necessary to determine the most just and equitable manner of dividing the assets and liabilities of the relationship.
To determine a just and equitable division of the property pool, it is necessary to:
- Identify all assets, liabilities and financial resources of the parties;
- Determine financial and non-financial contributions to the property pool; and
- Consider the future needs of the parties by considering factors such as age, future earning capacity and the care of any children.
In the event that an agreement cannot be reached between the parties, it may be necessary to apply to the Court for a determination to be made.
At CSD Law, our team is able to ensure that your best interests are met by obtaining a property settlement which secures and protects your current and future financial wellbeing.