• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Logo

The Far North Coast’s Leading Family Law Firm

Call us: +61 2 6622 5566

  • Home
  • Family Law Services
    • Divorce
    • Parenting Arrangements for Children
    • Property Settlements and Superannuation
    • De Facto and Same Sex Relationship Settlements
    • Domestic Relationship Agreements
    • Urgent Injunctions
    • Spouse Maintenance
    • Child Support
    • International Child Abduction
    • Financial Agreements
  • Our Team
    • Christopher Hughes
    • Angela Grigg
    • Sara Hughes
  • Family Law FAQs
  • Contact Us

Property Settlements and Superannuation

Property SettlementsProperty settlement refers to the division of property between a separated couple. Parties can either agree on the settlement or have the Court determine Orders for property settlement.

Many people misunderstand the principles of property settlement. Some falsely believe that settlements are always equal or that they have no entitlement to property settlement if they did not bring property to the relationship. These are myths.

Each property settlement is determined on the specific facts of each case. There are a number of matters that are taken into account in determining a property settlement. For example, the parties’ contributions of a financial and non-financial nature need to be assessed as well as the parties’ respective needs and financial resources.

Even if a couple reaches their own agreement as to property settlement, it is important that they obtain legal advice as there are a number of financial benefits of having the settlement formalised by Court Orders, such as property stamp duty exemptions. It is essential that all commercial consequences of a proposed property settlement are considered, most importantly the tax consequences.

Superannuation is now considered ‘property’ and Court Orders can be made dividing superannuation funds between a couple.

Primary Sidebar

Online Enquiry

Family Law Accredited Specialist

Footer

Christopher Hughes & Associates Family Lawyers

The leading family law firm on the North Coast of New South Wales and the most specialised family law firm in Regional New South Wales.

Our Philosophy

  • listen to and understand the needs of the client;
  • provide the latest expert advice tailored to the individual needs of the client;
  • keeping the client informed at all times about the progress of their matter;
  • adopt a sensible and cost effective approach.

Contact Us

Suite 2, Level 2
105 Molesworth Street
Lismore, NSW, 2480
+61 2 6622 5566
+61 2 6622 5567
[email protected]

Copyright © 2022 · Website hosting by Lift Legal Marketing · Log in