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What is the difference between a property settlement and a divorce?

Tag: seperation

1 Jun

A divorce and a property settlement are two different legal processes. A property settlement is the formal division of property, interests and financial resources following a couple separating. Discussions regarding the division of assets can occur as soon as a couple separates. The Family Law Act 1975 (Cth) provides that parties have twelve (12) months from the date of a final… read more

26 May

There are countless times when people have said to me that their understanding is as soon as two people are together for two years, they are obligated to split their net assets in half if they separate. Other people have said to me, “I have been dating X for two years so now I am entitled to half of their… read more

O'Neill Family Law