Property Division & Property Settlements

When a marriage or relationship ends there is often many challenges to consider, one of the most common is the division of property and achieving a final property settlement.

Velos Property Lawyers are ready and able to help you if both parties consent to reach an amicable, equitable and fair settlement in a timely manner regardless of whether you were party to a marriage or a defacto relationship.

Velos Property Lawyers have many years of experience in Family Law disputes and litigation. If no Settlement is reached they are ready and able to help you through the legal pitfalls and Court processes. In many cases however we are able to help our clients reach fair, equitable and binding agreements without the necessity of expensive, stressful and complex legal proceedings.

 The Family Law Act of 1975 as amended forms the framework for determining the division of property when a marriage or relationship ends and in most cases, the division of property is based on:

 

1. Identifying and valuing the property (including all assets and liabilities)

2. Consideration of the contributions of all parties (including both financial and non-financial contributions)

3. Consideration of other relevant factors including but not limited to age, health, income, and the standard of living of the parties

4. Ensure that the court order is just and equitable (put simply, the order must be a fair solution for both parties)

Most often, particularly in long standing marriages or relationships the courts would split the total value of all property (pool of assets including Superannuation and liabilities) equally unless having considered the above 4 factors or on any other special circumstances they determine that this would not be fair and equitable. Consideration of other relevant factors including but not limited to age, health, income, special needs, and the standard of living of the parties are also taken into account to reach a fair and reasonable conclusion of disputes in family law matters.

How Velos Property Lawyers can help

We can help by vigorously representing your legal rights and interests so that you may get the best outcome on what you are entitled to in your circumstances

Many people going through a separation or divorce find themselves short changed at the end of the legal process. Property division or Property Settlement can be complex, risky and uncertain as to the final outcome.

Having Velos Property Lawyers represent you who have many years experience in Family Law cases, Property Division and Property settlements by your side, help you understand the legal and Court process and what should be reasonably expected as a final outcome in your Family Law matter.

Velos Property Lawyers can help you reach a settlement earlier

 With us at your side you can be certain that we will provide sound timely advice as to what the courts would most likely rule if your Family Law matter went to court.

Understanding what you are entitled to, and what a court would likely rule is a powerful tool in negotiation and we are able to guide and advise you to achieve a successful outcome.

If both parties are aiming for realistic outcomes then matters can be resolved and settled quickly, cost effectively and thus avoid or reduce the stress, uncertainty and inconvenience and significant legal and other costs of Family Law litigation.

Velos Property Lawyers can help you save money

We are ready and able to help you through the complexities of a separation, property settlement, binding financial agreement or divorce process in order for you to achieve early settlement and save you significant amounts of money, stress and inconvenience.

Velos Property Lawyers may reduce your stress

Separation or divorce, property settlement, binding financial agreement can be quite a stressful situation, but we can make the process as simple and easy as possible and help you achieve a binding property settlement. We have great experience as we have negotiated many property settlements over 35 years. We have vast experience and know how to reach a favorable settlement that you won’t regret, with minimal cost, stress and inconvenience as possible.

How Velos Property Lawyers work and represent clients

 Our aim is to research the law that applies to your unique circumstances, work hard, be effective and practical in order to get you the best possible outcome in your circumstances with the least stress, in the least time,for the best value for money.

Our goal is to get you the best possible outcome in your circumstances, so that you are able to make a new start in your life and plan for your future.

In some cases that takes a very short time, in others it takes longer. We discuss advantages and disadvantages of your unique circumstances in your case and obtain your clear instructions and take legal action according to law, Court procedures and ethical Standards.

In Family Law legal actions we are able to brief expert Family Law Barristers and other experts such as Valuers of property or chattels, child experts, doctors or psychologists or psychiatrists as may be required in Special cases to further help you obtain the best possible outcome in your Family Law matter.

Final Settlement:

If we believe that pursuing Family Law legal action is not in your financial best interest we advise you and suggest that you reach a final settlement when it’s in your best financial interest to do so that you will be able to make an informed choice.

The various options and choices are in your hands to consider and to advise and instruct and be prepared to live with the choices you have made.

Contact Velos Property Lawyers

Take urgent decisive action

Do not procrastinate or leave matters that may adversely affect your chances of success. Get in touch with us to find out how we can help you achieve your aims and objectives and achieve the best possible outcome in your unique circumstances.