{"id":964,"date":"2023-08-29T15:08:45","date_gmt":"2023-08-29T05:08:45","guid":{"rendered":"https:\/\/chuatan.com.au\/?page_id=964"},"modified":"2024-01-23T15:23:59","modified_gmt":"2024-01-23T04:23:59","slug":"property-and-financial-division","status":"publish","type":"page","link":"https:\/\/chuatan.com.au\/en\/melbourne-lawyer\/legal-services\/family-law\/property-and-financial-division\/","title":{"rendered":"Property and Financial Division"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"964\" class=\"elementor elementor-964\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-544506ab e-con-full e-flex e-con e-parent\" data-id=\"544506ab\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3f9c0dca elementor-widget elementor-widget-heading\" data-id=\"3f9c0dca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Property and Financial Division<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-352d1bd9 e-flex e-con-boxed e-con e-parent\" data-id=\"352d1bd9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4767400 elementor-widget elementor-widget-breadcrumbs\" data-id=\"4767400\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p id=\"breadcrumbs\"><span><span><a href=\"https:\/\/chuatan.com.au\/\">Home<\/a><\/span><\/span><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ccdfdc9 elementor-widget elementor-widget-text-editor\" data-id=\"1ccdfdc9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>A division of property may involve a variety of properties:<\/em><\/p>\n<p>1. Family Home: Decide who to keep or if it needs to be sold.<br>2. Investing in property and equity: There are tax consequences to consider.<br>3. Trusts, companies, and partnership structures: If you keep, make sure your partner no longer has an interest; if you leave, make sure you're legally protected.<br>4. Businesses and farms: need to ensure their continued operation to maintain family income.<br>5. Pension: may be split between you and your partner.<\/p>\n<p>The following factors may determine the legal division of property:<\/p>\n<p>\u2013 Contributions of both parties in the relationship.<br>\u2013 Both parties' own earning ability and future financial needs of both parties, such as child care expenses.<\/p>\n<p>Knowing your legal rights is very important if you are considering breaking up. We can help you come to an agreement with your partner. Once an agreement is reached, we will prepare the necessary documents for you to complete the property division and ensure that your rights are protected by law. Our preferred method is to resolve issues by agreement whenever possible. If agreement cannot be reached, the Family Court will need to intervene. We have the skills and experience to represent you in court.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4a124671 e-flex e-con-boxed e-con e-parent\" data-id=\"4a124671\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c5ac699 elementor-widget elementor-widget-heading\" data-id=\"c5ac699\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6be3a113 e-con-full e-flex e-con e-child\" data-id=\"6be3a113\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d05f30d elementor-widget__width-initial elementor-widget-tablet__width-inherit elementor-widget elementor-widget-toggle\" data-id=\"d05f30d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-2181\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2181\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">My Ex-Partner And I Have Agreed On How To Divide Our Assets. Do We Still Need To Find A Lawyer?<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2181\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2181\"><p>Reaching an agreement on the division of property is always better than going to court. But before you make a final decision or divide your property, we recommend that you consult with one of our family lawyers to see if the agreement is fair for you.<\/p><p>Our family lawyers can also help you formalize your agreement by obtaining a &quot;consent order&quot; for you through the family court. This will make your agreement legally binding and protect both parties from further property claims. You and your partner do not need to attend court to obtain a Consent Order.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-2182\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2182\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Will the Australian Family Court consider the affair in the division of property?<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2182\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2182\"><p>No, Australia operates a no-fault family law system. This means that when the Family Court makes a decision, it does not take into account why the relationship ended.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-2183\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2183\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Will my inherited property be divided by the other party?<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2183\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2183\"><p>Inheritance is often viewed by courts as an additional contribution from the person receiving it. Whether someone else shares in your inheritance depends on many factors, including when the inheritance was received, how much the inheritance was, all other assets, and the future needs of both parties. When our family lawyer can analyze how your inheritance will be divided according to your situation.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-2184\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-2184\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Do I need to divorce first and then divide the property?<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2184\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-2184\"><p>No, you can finalize your property division any time after the breakup \u2013 you don&#039;t need to wait until you get divorced.<\/p><p>If you have not completed the property division when you divorce, you need to complete the property division within 12 months after the divorce.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-2185\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-2185\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Is there such a thing as alimony in Australia?<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2185\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-2185\"><p>Yes, but in Australia it is called &quot;spousal maintenance&quot; for married couples and &quot;maintenance&quot; for de facto couples<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-2186\" class=\"elementor-tab-title\" data-tab=\"6\" role=\"button\" aria-controls=\"elementor-tab-content-2186\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What is spousal support?<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2186\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"6\" role=\"region\" aria-labelledby=\"elementor-tab-title-2186\"><p>Spousal support is an ongoing periodic or lump sum payment made by one spouse to the other spouse for living expenses. It is separate from the cost of supporting children (ie child support).<\/p><p>Spousal support can only be paid by agreement or court order. To successfully apply for spousal support, the spouse must demonstrate:<\/p><p>they are unable to meet their reasonable living expenses given their current income and earning capacity (excluding any income-tested government benefits); and<br \/>Your spouse can reasonably be expected to provide financial support, taking into account your spouse&#039;s income and earning capacity, and taking into account your spouse&#039;s reasonable living expenses.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-2187\" class=\"elementor-tab-title\" data-tab=\"7\" role=\"button\" aria-controls=\"elementor-tab-content-2187\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Can I apply for spousal maintenance in the case of de facto marriage?<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2187\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"7\" role=\"region\" aria-labelledby=\"elementor-tab-title-2187\"><p>When a de facto relationship breaks down, a court can order one partner to pay maintenance to the other if:<\/p><p>1. The de facto relationship lasted 2 years or more; or<br \/>2. Have a child in a de facto relationship; or<br \/>3. One party made a significant contribution to the relationship, and injustice would occur if the court did not order the division of property; or<br \/>4. The de facto relationship is or was registered under the laws of a state or territory.<\/p><p>A person seeking alimony must also prove to the court that:<\/p><p>1. They are unable to meet their reasonable living expenses taking into account their current income and earning capacity (excluding any income-tested government benefits); and<br \/>2. The former de facto partner can reasonably be expected to provide financial support, taking into account the income and earning capacity of the former de facto partner, and considering the reasonable cost of living of the former de facto partner.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-223aeb41 e-con-full e-flex e-con e-parent\" data-id=\"223aeb41\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-1c523168 e-con-full e-flex e-con e-child\" data-id=\"1c523168\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4219a86a elementor-widget elementor-widget-heading\" data-id=\"4219a86a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Customer Reviews<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5771d179 e-con-full e-flex e-con e-child\" data-id=\"5771d179\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6bc7561c elementor-widget elementor-widget-testimonial\" data-id=\"6bc7561c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"testimonial.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-wrapper\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-content\">\u201cJustin&#039;s support throughout my divorce application was remarkable. His legal acumen and personalized approach reassured me at every step. He made a complex process feel manageable with his clear explanations and consistent communication. If you&#039;re seeking a skill ed and compassionate lawyer, Chua Tan Associates is the one to trust.\u201d<br>-<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-testimonial-meta\">\n\t\t\t\t<div class=\"elementor-testimonial-meta-inner\">\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-details\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-name\">Google review from client<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-13627ca6 e-con-full e-flex e-con e-child\" data-id=\"13627ca6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-477cd666 elementor-widget elementor-widget-testimonial\" data-id=\"477cd666\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"testimonial.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-wrapper\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-content\">\u201cTheir service is very kind, and the lawyers are very professional and efficient. I have been in Australia for more than 20 years, and I think they are the best lawyers. I strongly recommend them! Thank you very much!\u201d Their service is very enthusiastic, and the lawyers are also very professional and efficient. I have been in Australia for more than 20 years, and I think they are the best lawyers. I highly recommend them! Thank you very much!&quot;<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-testimonial-meta\">\n\t\t\t\t<div class=\"elementor-testimonial-meta-inner\">\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-details\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-name\">Google Review From Client<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3537f7fc e-flex e-con-boxed e-con e-parent\" data-id=\"3537f7fc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cafa791 elementor-widget elementor-widget-heading\" data-id=\"cafa791\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>We are very conscious of the stress and effect of matrimonial disputes on our clients.<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98f6551 elementor-widget elementor-widget-text-editor\" data-id=\"98f6551\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Our lawyers strive to be readily available to provide services in a very personal, approachable and professional way.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6dd910ac elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"6dd910ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/chuatan.com.au\/en\/melbourne-lawyer\/contact-us\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>\u8d22\u4ea7\u548c\u8d22\u52a1\u5206\u5272 \u8d22\u4ea7\u5206\u5272\u53ef\u80fd\u6d89\u53ca\u591a\u79cd\u8d22\u4ea7\uff1a 1. \u5bb6\u5ead\u4f4f\u623f\uff1a\u51b3\u5b9a\u8c01\u4fdd\u7559\u6216\u662f\u5426\u9700\u8981\u51fa\u552e\u30022. \u6295\u8d44\u7269\u4e1a\u548c\u80a1\u6743\uff1a\u9700 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":376,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-964","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.2 (Yoast SEO v27.8) - 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