Property Division After Separation

When couples separate or divorce, dividing property can become one of the most complex issues they face. In Australia, property division is governed by the Family Law Act 1975, which aims for a just and equitable distribution of assets acquired during the relationship.

The process begins with identifying all assets and liabilities, including real estate, bank accounts, investments, and debts. Once these are valued, each party can make their claims based on contributions made during the relationship—both financial and non-financial.

Factors influencing property division include the length of the relationship, contributions made by each party (including homemaking), future needs (such as caring for children), and any other relevant circumstances.

Engaging a family lawyer can help navigate this complex process and ensure that your rights are protected throughout negotiations or court proceedings.