Find the best property settlement lawyer in Melbourne- Australiafamilylawyer

Australia is a country where one out of three marriages ends up into divorce and separation. According to reports every year there’s an increase of about 5 percent divorce cases in Australia. Now, these separations do not just remain with the relationship but it extends to every shared belonging of the partners which has to be shared among them through a legal process to avoid litigation or other such future troubles. Property remains an important part of it.

The property settlement is a matter different from divorce but likewise, the matter comes under section 79 of Australia family law act were married couples or people in a de facto relationship have to clear out their property sharing before or after getting divorced. In other words, the financial relationship is equally distributed with mutual agreements of the partners keeping in mind their future needs. Also, each member has an obligation of providing exact disclosure of their financial circumstances.

Property settlement generally goes through a four-step process were initially the court identifies the properties and values them according to its current rate. After which it assesses the contribution of both the partners in the property so that it gets divided according to the share. Further in the third step, it determines their future needs and at last the court after having all the evidence decides whether the property pool settlement is just and equitable. Also if the court finds during the proceedings that one among the parties is trying to hide their financial position then he/she can get a new case filed against him by the other party.

Property is such an asset which goes through a lot of paper works and documentation process even during the time of its purchase and sell which makes it very evident that during the time of its distribution, the work gets even more complicated and is needed to be handled with proper attention because a single mistake can invite new trouble for you.

Australia family lawyer provide you solicitors who are an expert in dealing with property settlement cases with many years of practice in the field and multiple solved cases under their names. So if you were feeling panicky of taking up the challenge of property settlement our firm extends its helping hand towards you so that you get out of the bother and proceed without any fear of being legally charged.

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