Legal Services
Property Settlements
Family Law – Property Settlements
Each case is different, contrary to popular belief; there is no automatic right or presumption in every case to have a property settlement. The ultimate goal of the Court is to ensure that the property settlement is just and equitable.
A Four-Step Process should be applied in order to ascertain whether a just and equitable settlement is reached by the parties:
- Determine the asset pool of the parties
- Identify and assess the contributions made by each party to the asset pool
- Identify and assess the future needs of the parties
- Consider whether the proposed property settlement split is just and equitable
The Family Law Act requires parties to the proceedings make a genuine effort to resolve their property settlement dispute prior to filing an application with the Court. Our lawyers will guide you through the negotiations involved in a property settlement, ensuring you receive a property settlement that is just and equitable and within the range the Court would order.
Contact our office today to find out where you stand in relation to a potential property settlement, and to discuss the various methods a settlement can be reached.