A common concern for business owners when navigating the complexities of divorce is whether their limited company is protected. The straightforward answer is that while a limited company operates as a separate legal entity, its assets can be considered in a divorce settlement if one spouse has shares or interests in the company. This means […]
Is a Limited Company Protected from Divorce: 5 Practical Tips Read More »
When navigating the complexities of divorce, a common question arises: “Is a lump sum divorce settlement taxable in Australia?” The straightforward answer is no. In Australia, lump sum payments from a divorce settlement are not taxable. This exemption applies to most property divisions between parties under a formal agreement or court order, ensuring that individuals
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Navigating through the complexities of family law, one question that frequently arises is, “Can court reject consent order?” The straightforward answer is yes; a court can indeed reject a consent order. This typically occurs if the court finds the proposed agreement not in the best interests of the children involved, unfair or inequitable to one
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The process of getting a divorce in Melbourne involves several steps and begins with ensuring you meet the eligibility criteria. This guide aims to navigate you through the legal landscape of how to get a divorce in Melbourne. It details the eligibility criteria, necessary documentation and important considerations to help you undertake this significant life
How to Get a Divorce in Melbourne: 5 Important Steps Read More »
Navigating the turbulent waters of separation can be daunting, especially when determining who maintains access to the marital home in Australia. The family home frequently becomes a key area of dispute, serving not only as a place to live but also as a repository of memories with emotional and financial ties. Understanding your rights and
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In divorce proceedings, the strategy of intentionally delaying the process emerges as a significant issue. This tactic, while not always overt, can significantly prolong the process, leading to frustration and financial strain for the parties involved. Whether driven by a desire to gain leverage, manipulate outcomes, or simply stall, intentionally delaying divorce can have far-reaching
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Navigating the path of divorce in Australia raises a pivotal question for many: Do you need a lawyer to divorce in Australia? The short answer is no; hiring a lawyer to file for divorce is not a legal requirement. However, the choice to forego legal counsel warrants careful consideration of the intricacies involved, especially regarding
Do You Need a Lawyer to Divorce in Australia: 8 Important Considerations Read More »
In Australian legal disputes and family law matters, reaching a binding settlement agreement represents a critical juncture for all parties involved. A binding settlement agreement is a legally enforceable contract that outlines the settlement terms between parties. This process allows individuals to finalise their separation terms without prolonged court battles, offering a streamlined and often
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Entering a new relationship is an exciting phase, but it’s also a time to think practically about the future, especially regarding financial matters. Protecting your assets in a relationship is crucial, not just in the event of a separation but also to ensure clarity and fairness for both parties involved. Here are some foundational steps
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After a separation, financial arrangements and obligations can become a complex web to untangle. One aspect that often requires clarification is the treatment of income earned after separation, especially regarding child support assessments or property settlements. This article explores the procedure and factors involved in applying for post-separation income to be excluded from such assessments.
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