Leading Property Settlement Lawyers For Kogarah

When facing a separation or divorce, one of the most critical aspects to address is the division of property and assets. At Corestone Lawyers, our experienced property settlement lawyers are here to guide you through this complex process, ensuring your rights are protected and you achieve a fair outcome.

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Understanding Property Settlement

Property settlement is the legal process of dividing assets and liabilities between separating couples, whether married or in a de facto relationship. This process is governed by the Family Law Act 1975 (Cth) and can be a challenging and emotional journey. Our expert property settlement lawyers are here to help you navigate this difficult time with compassion and professional expertise.

The Property Settlement Process

1

Identifying the Asset Pool

The first step in any property settlement is to identify and value all assets, liabilities, and financial resources of both parties. This includes:

Our property settlement lawyers will help you gather all necessary financial information and ensure full disclosure from both parties.

2

Assessing Contributions

We’ll help you identify and document all contributions made during the relationship, including:

3

Considering Future Needs

Our lawyers will assess factors that may impact your future financial circumstances, such as:

4

Determining a Fair Division

Using our expertise in family law, we’ll help you negotiate a fair division of assets that considers all relevant factors and is in line with the Family Law Act 1975 (Cth).

5

Formalising the Agreement

Once an agreement is reached, we’ll help you formalise it through either:

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Options for Resolving Property Disputes in Kogarah

At Corestone Lawyers, we understand that going to court isn’t always the best solution. We offer various methods to resolve property disputes:

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Dealing with Complex Property Settlements in Kogarah

Some property settlements can be particularly complex, involving:

Our experienced property settlement lawyers have the knowledge and skills to handle even the most complex cases in Kogarah, ensuring your interests are protected.

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Timeframes for Property Settlement

It’s important to be aware of the time limits for initiating property settlement proceedings:

Don’t delay in seeking legal advice, as these timeframes are strictly enforced by the court.

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Why Choose Corestone Lawyers for Your Property Settlement in Kogarah?

At Corestone Lawyers, we’re committed to protecting your rights throughout the property settlement process.

Frequently Asked Questions

A family law property settlement is the process of dividing your property following a separation or divorce, whether from a marriage or de facto relationship. It involves assessing the property pool, considering financial and non-financial contributions, and determining an equitable distribution. Our property settlement lawyers can guide you through this complex area of law.

Time limits apply for property settlements. You have 12 months from the date of your divorce order if you were married, or 2 years from the date of separation for de facto relationships. It’s crucial to consult with experienced family lawyers promptly to protect your property rights.

The court considers various factors to ensure an equitable division, including:

  • The net property pool
  • Financial and non-financial contributions of each party
  • Future needs, including child support obligations
  • The best interests of any children involved Our family law team can help you navigate property matters and advocate for the best possible outcome.

Yes, it’s possible for one party to retain the family home in Kogarah or somewhere else, but this depends on various factors. The process requires careful consideration of the overall property owned and the financial circumstances of both parties. Our specialist family lawyers can advise on the best property settlement strategy for your situation.

While not mandatory, having a family lawyer can help ensure a fair property settlement. Divorce property settlements can be complex, especially when dealing with high-value assets or business interests. Our property settlement lawyers are experienced in handling property settlements in Kogarah and can protect your rights under family law throughout the process.