Generally, high net worth households are those which have an annual income exceeding $300,000 or a net worth over $5 million. Equitably dividing the assets that make up a matrimonial asset pool of such magnitude can be complicated and can take a long time. The...
Grey divorce refers to a type of divorce where the couple ending their marriage are aged over 50. Although the divorce rate in Australia has declined, there has been an increase in divorce amongst the older generations. Psychologists have identified 3 common turning...
With almost 70% of households now owning a pet, relationship breakdowns often come with the added complication of navigating pet custody in divorce. There are currently no provisions in the Family Law Act 1975 (Cth) that specifically deal with pets. Pets are treated...
Probate refers to process by which an Executor named in a Will is given the legal right to deal with the assets and liabilities in the estate of a deceased person. A grant of Representation is the umbrella term referring to either Probate or letters of administration....
A do-it-yourself or “DIY” Will kit might seem like a cost-effective way to ensure your assets will be divided and distributed according to your wishes when you pass away. Unfortunately, the DIY Will can have disastrous consequences and can cost more in the long run,...
What are Mutual Wills? Mutual Wills are Wills made by spouses together with an agreement that neither party can revoke or amend their Will after the other party’s death. Mutual Wills are legally binding and if one spouse changes their Will after the other spouse dies,...
Surrogacy refers to the arrangement in which a surrogate agrees to carry and give birth to a child for another person or couple. Surrogacy is commonly sought by couples that cannot carry their own child. Yearly, there are approximately 100 surrogacy births occurring...
Adoption is the process by which the parental responsibility for a child is legally transferred to someone who is not the biological parent of that child. In Australia, there only a small number of children each year who need a family, outnumbering the quantity of...
Family Law Appeals in Australia are an essential process for those seeking to challenge a court decision in family law cases. Essentially, an appeal is your opportunity to ask a higher court to review and change a decision made by a judge. But, it's important to...
Although difficult to quantify, studies have predicted around 20% of couples are affected by sexual infidelity. Individuals burned by their spouse’s infidelity often seek retribution during divorce and property settlement proceedings. It is important to note that a...
How Parenting Orders Imposed by the Court may Affect Mental Health According to the Australian Bureau of Statistics, around 43% of Australians aged 16-85 years old have experienced a mental disorder at some point in their lives. Legal disputes generally can be...
Defining Legal Independence for Minors Emancipation is the process by which a person under 18 years of age can seek independence from their parents. It is important to note that the legal concept of emancipation is more commonly used in the American legal system...