- Post Title
- Family Property Matters
- Posted Time
- 06/04/2020
- Author
- Jeffrey Choy
- Advertiser
- Jeffrey Choy
About this post
Post Description:
Good morning
No two marriages are the same and as a result, no two property settlements are the same.
The Family Law Act 1975 sets out how the property of the marriage is to be divided. In making this decision, the Act specifies that the court must consider both financial and non-financial contributions of the parties to a marriage where non-financial contributions such as being a housekeeper and child carer are considered as valuable as financial contributions. The court will also look at the future needs of the parties, the caring of the children of the parties and whether the property split is fair and equitable. There is no simple formula that can be used to obtain a property settlement and the belief in a 50/50 result is very often misplaced.
The court has determined that marriage of 5 years duration or less, to be a short marriage. In such a marriage, initial contributions to a family pool tend to be given more emphasis than over non-financial contributions. A long marriage which is generally considered to be a marriage of 10 or more years usually has greater consideration given towards the non-financial contributions. This occurs especially where there is a child or children of the relationship. On the other hand, the initial contributions tend to erode in value with the passing of years.
Noting that every situation is different, in a marriage that is of short duration it cannot be assumed that each party will automatically get 50% of the family pool. The fact that one party brought a house into the relationship could be given greater consideration in determining the property settlement. In a longer marriage, initial contributions may be considered to have eroded to have little or no value in determining the outcome of a final property settlement depending upon the contributions during the marriage. However, in all cases, the fairness to both parties must always be considered.
It is best if an agreement can be reached between the parties regarding a property settlement. The financial, emotional and family costs of proceeding to litigation far outweigh the benefits of a joint agreement that neither party actually likes, but they can live with. I have been instrumental in assisting many couples to forge an out of court agreement, ratified by the court through Consent Orders or guiding them to successful outcomes in the Federal Circuit and Family Courts in property applications.
If I can be of service to assist you or anyone you know, please contact me.
Have a wonderful day,
Jeffrey
0419 233 670
[email protected]
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ps. I am available to discuss matters either in my office or by Zoom conference and provide notary services which must be in person.
早上好
没有两个婚姻是相同的，因此没有两个财产结算是相同的。
1975年的《家庭法》规定了如何分割婚姻财产。在作出这项决定时，该法明确规定，法院必须考虑婚姻双方的财政和非财政贡献，其中非财政的贡献，如管理家庭和儿童保育员，被视为有价值的财政捐款。法院还将研究双方未来的需求、对双方子女的照顾以及财产分割是否公平公正。没有一个简单的公式可以用来获得财产结算，而相信50/50的结果往往是错误的。
法院认定，婚姻期限在5年或5年以下的，为短期婚姻。在这种婚姻中，对家庭资金池的最初贡献往往比非财务贡献更为重要。一般认为是10年或10年以上的婚姻为长期婚姻，通常对非财政的贡献给予更大的考虑。这种情况尤其发生在有一个或多个孩子的关系中。另一方面，随着时间的推移，最初的财政贡献往往会贬值。
注意到每一种情况都是不同的，在一段持续时间很短的婚姻中，不能假设每一方都会自动获得50%的家庭财产。如果一方当事人将自己所购买的房屋纳入夫妻关系的事实，可以在确定财产和解时给予更多考虑。在一段较长的婚姻中，最初的财政贡献可能被认为几乎没有价值或没有价值，财产最终分割取决于在婚姻期间对财政方面的贡献。但是，在任何情况下，都必须考虑对双方的公平。
最好双方能就财产结算达成协议。达成共同协议这应该是双方更愿意看到和接受的，提起诉讼无论在经济、情感还是家庭成本上往往会造成更多支出。我一直在协助许多夫妇达成庭外协议，由法院通过同意令批准，或指导他们在联邦巡回法院和家庭法院的财产申请中取得成功。
如果我能为您或您认识的任何人提供帮助，请联系我。
祝您度过美好的一天，
Jeffrey
0419 233 670
邮箱：[email protected]
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另外，我可以在办公室或Zoom会议上讨论相关事宜；公证服务必须当面进行。
If you or someone you know need help with family property settlement in Sydney, do not hesitate to contact JCL Legal now!