Parental Matters During a Divorce
Key takeaways Who has parental responsibility? – Both parents generally hold parental responsibility for their child, regardless of their relationship status. How much time will a parent get with a child? – There are no specific laws determining how much time a child spends with each parent post-separation. What are the best interests of the […]
Spousal Maintenance: Everything You Need to Know
Key takeaways What is spousal maintenance? – Financial support is provided by one spouse to another after divorce or separation, considering income, needs, and capacity to pay. When will I receive or pay maintenance? – Both former partners may have a duty to support one another if the other cannot meet expenses from personal assets […]
How Many Marriages End in Divorce?
Key takeaways Current Divorce Rates in Australia – With 48,700 divorces granted in 2023, the divorce rate is low Marital Status and Legal Rights in Divorce – Your legal rights differ depending on whether you are in a de facto relationship or are married Reasons People Get Divorced – Common reasons for divorce include communication […]
How to Protect Your Superannuation in a Divorce
Key takeaways Understanding Superannuation in Divorce – Superannuation is considered an asset in divorce proceedings Keep Records of Contributions – Maintain comprehensive records of your contributions Consider a Financial Agreement – Consider drafting a Financial Agreement with legal assistance Engage a Family Lawyer – Divorce rates are low among older people, but are rising Understanding […]
Getting a Divorce in Australia
A Guide to Starting the Process Key takeaways Sole Application – Only the applicant signs and serves the application on the respondent. Joint Application – Both applicants sign; no need to serve documents. Eligibility – One party must have established ties to Australia, be separated for at least 12 months, and have a marriage certificate. […]
What Is The Average Split In A Divorce Settlement In Australia?
Key takeaways There is no set formula for dividing assets – Courts decide based on fairness, not fixed percentages A 70/30 split can happen but is not the norm – It’s more likely when one person has a lower income or is the primary caregiver A longer marriage doesn’t guarantee a 50/50 split – courts […]
How Long Do You Need to be Separated Before a Divorce in Australia?
Key takeaways Separation Requirement – You must be separated for at least 12 months Definition of Separation – Living apart can be initiated by one spouse or both Application Process – Apply to the Federal Circuit and Family Court of Australia. Children Arrangements – A divorce order does not dictate parenting arrangements Property Arrangements – […]
What Is Litigation Funding for Family Law?
Initially, you might be unsure of the cost of family law legal proceedings. However, there are many options available. If you’re financially vulnerable, there is no reason you should face legal costs without assistance. However, it’s essential to understand the differences between the financial options available. This helps with an informed decision about what financing […]
3 Reasons Why Line of Credit vs Personal Loans is the Better Choice
Are you facing a divorce? You may have questions about how you’ll manage your expenses. Should you get a loan or apply for a line of credit with a legal funder ? Line of credit vs personal loans offer different advantages: personal loan provides fixed funds with scheduled repayments, while lines of credit allow flexible […]
How much does a divorce cost in Australia? [legal fees explained]
Legal matters can be expensive. Filing fees and the cost of legal representation add up. Parties can pay tens of thousands of dollars. Some divorces can even exceed $100,000. We’ll provide a rundown of the significant expenses clients face. JustFund may be able to help during this challenging time. Key takeaways JustFund provides financial support […]
