Top Property Settlement Lawyers in Canberra

Top Property Settlement Lawyers in Canberra

Top Property Settlement Lawyers in Canberra

* Expert Property Settlement Lawyers

* Efficient Property Settlement Solutions

* Trusted Legal Assistance for Property Settlements

* Comprehensive Property Settlement Services

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    Property settlement under Australian Family Laws

    Property settlement should be handled as a matter of priority during the breakdown of relationships. In our experience, failure to do so or delays in doing often result in complex developments which require significant costs to resolve later on.

    Key factors to be considered for property settlement include the following:

    1. financial and non-financial contributions by the parties
    2. duration of cohabitation
    3. the parties’ assets and liabilities

    The Family Court has tremendous discretion when deciding the extent of property re-distribution at the breakdown of relationship/marriage and you will need the best legal team to help you best preserve your legal rights and interests.

    One of the key considerations of Section 79 of the Family Law Act is the parties’ financial/non-financial contributions to the relationship. Generally, the greater the contributions, the more favourable the outcome is for the contributing party.

    However, and as the names suggest, contributions can be both financial, or non-financial. Non-financial contributions could be homemaker contributions by the stay-at-home party in reasonable circumstances. 

    Since non-financial contributions could be given favourable weight in property divisions. The corollary is, often, that the longer the period of cohabitation of the parties, the greater the benefits that flow from such non-financial contributions. Hence, longer periods of cohabitation often result in a more favourable outcome for the party that provides more non-financial contributions.

    The parties’ assets and liabilities form the net matrimonial asset pool. Property division is conducted on the net matrimonial asset pool.

    Parties should be aware that assets do not only pertain to assets under the parties’ names, but also assets in which they have made contributions to e.g. when one party purchases a property but it is held on his/her behalf by a friend/trustee. Assets also include the parties’ global assets and are not limited to the parties’ assets in Australia.

    Liabilities also do not only include the obvious ones such as bank and personal loans. In our experience, liabilities in relation to funds from close friends and family members tend to form the greatest challenges in determining the true legal nature of these pseudo-liabilities.

    Why Choose Us

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    Our experienced lawyers provide expert advice and representation to ensure a fair and smooth process.

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    Our skilled team offers efficient solutions and tailored strategies to protect your interests.

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    Ensure a fair property settlement with our trusted lawyers. We handle all aspects of the process with dedication and expertise.

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    From negotiation to final settlement, our comprehensive legal services cover every step of the property settlement process.

    Book in a consultation with us today

    Our team will give you expert advice that has been specifically tailored to your case.

    About Brightstone Legal

    Brightstone Legal, established in Sydney, Australia, has now expanded to a branch in Canberra, with the aim of delivering practical legal solutions to our clients. We offer various services tailored to various industries and sectors, including corporate advisory, dispute resolution and litigation, criminal and traffic law, immigration law, family law, real estate, and notarisation.

    Our lawyers are dedicated to providing precise legal services based on their expertise, extensive cross-border knowledge, and local experience.

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