Can My Ex Wife Claim Money after Divorce in Australia
If the relationship between you and your former partner has ended, you’re able to file an Application in the Family Law Courts to seek an Order outlining how the assets acquired during your relationship should be divided between you both. In most cases, the parties to the relationship will seek to negotiate a mutually agreed split of their assets either amongst themselves or with the assistance of their respective attorneys before filing a formal action in court. The parties must legally record their agreement on the matter by obtaining Consent Orders through the court system or by signing a Binding Financial Agreement if they are able to come to a consensus on the issue in question. Most of the time, the parties will use the services of a family lawyer to assist them with the legal documents associated with the agreed-upon property settlement. In the event that you fail to establish your property settlement facts in a formal way, the following consequences will occur: It is possibl...