Divorce or Separation from your partner can be an extremely traumatic experience, not only for the parties involved but also for any children of the relationship. It is essential that your family law representative understands your situation and provides you with clear practical advice.
At the end of your relationship you may need to divide the assets. These assets can include the family home, investment properties, interests in a business, shares, bank accounts and superannuation. In determining what proportion the assets are divided many factors are taken into account. They include:
a) the assets that you or your partner brought into the relationship;
b) the assets and liabilities accumulated during the period of the relationship;
c) the direct and indirect financial contributions of the parties;
d) the non-financial contributions to the relationship;
e) the future requirements of the parties as well as the parties future resources.
At Bateman Battersby Lawyers Penrith, our experienced team can assist you with all aspects of your property settlement including: