Where parties cannot agree about the division of their property it may be necessary to apply to the Family Law Courts for orders.
Property includes assets (things you own) and liabilities (things you owe money on). These can be owned individually, jointly (with another person or persons), or by a family trust or family company.
This includes:
* Real estate, including the family home;
* Money;
* Shares;
* Investments;
* Insurance policies;
* Inheritances;
* Superannuation;
* Any other assets, such as cars, furniture or jewellery; and
* Debts, such as mortgages, loans, credit cards and personal debts.
All property of the relationship may be considered in the property settlement. It does not matter:
* Whose name is on the documents;
* Who bought an item or who made the debt.
Property can include things you had before your relationship started or after it ended.
More information can be found at Fact Sheet regarding Property.
Click here to access our Frequently Asked Questions regarding Property.
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