There is no 50/50 rule, and anyone who tells you otherwise is guessing. A property settlement looks at what each of you brought in, what each contributed during the relationship — including as a homemaker and parent — and then at each person's future needs. Time limits apply: twelve months from a divorce becoming final, two years from the end of a de facto relationship.
Part of our Family law practice.
Everything each of you owns and owes, disclosed properly. Full disclosure is an obligation, not a courtesy.
Financial and non-financial, at the start, during and since. This is where most of the argument actually lives.
Earning capacity, health, age, and who the children live with — then negotiate on a realistic range rather than a hoped-for one.
No. There is no starting presumption of equality. The outcome depends on contributions and future needs, and the realistic range is usually narrower than either party first expects.
Much less than people think. The pool includes assets in either name, and in some cases assets held by companies or trusts.
De facto couples are dealt with under the same framework, with a two-year time limit from separation. The threshold question is whether a de facto relationship existed, which is itself sometimes disputed.
General information only — for advice about your situation, book a consult or call us.
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