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In accordance with Section 4-AA of the Family Law Act (1975), a de facto relationship is established when individuals cohabit on a genuine domestic basis. This encompasses various aspects of shared life, including financial arrangements, property ownership, and mutual commitments. Upon separation, asset division becomes a pivotal issue, requiring meticulous assessment of financial contributions, non-financial contributions, and future needs to achieve a fair and just outcome.
De facto breakup entitlements encompass a range of legal rights and obligations, including property settlement and financial support. Our experienced family law practitioners provide comprehensive guidance on navigating these issues, ensuring that clients understand their entitlements and are equipped to assert their rights effectively. Whether through negotiation, mediation, or litigation, we advocate vigorously to secure optimal outcomes for our clients in asset division and financial support matters.
De facto couples face similar challenges to married couples in the division of assets upon separation. Our knowledgeable family lawyers specialise in navigating the intricacies of de facto relationship and asset division, offering strategic advice and steadfast representation to protect our client’s interests. From identifying assets to assessing contributions and negotiating settlements, we leverage our expertise to achieve favorable outcomes for our clients in property division matters.
The term ‘property’ has a broad interpretation by the Family Law courts. It includes both your assets and liabilities.
More specifically, property can include such items as:
De facto separation involves complex legal considerations that demand expert guidance and advocacy. Our dedicated team of family law practitioners offers comprehensive legal support tailored to the unique needs of de facto couples. Whether addressing property settlement, financial support entitlements, or parenting matters, we provide pragmatic solutions and robust representation to safeguard our clients’ rights and interests throughout the separation process.
Proactively safeguarding your assets and financial interests is paramount in de facto relationships. Binding Financial Agreements (BFAs) offer a mechanism for couples to delineate asset division and financial arrangements in the event of separation. Our experienced family lawyers assist clients in drafting comprehensive BFAs that provide clarity and certainty while mitigating potential disputes in the future.
De facto separation presents unique challenges that require expert legal guidance and advocacy. At Kingsford Lawyers, we help individuals with de facto breakup entitlements and asset division. We provide strong support and representation throughout the process. Contact us now to schedule a confidential obligation-free chat and start protecting your rights and interests in your de facto seperation.
If you would like to discuss your personal circumstances with one of our experienced family lawyers, please contact our office today on 1300 244 342 or email us at admin@kingsfordlawyers.com.au.
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