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How Is Property Divided After Divorce in Australia?

May 25, 2023 · Mingqiang

How Is Property Divided After Divorce in Australia?

Property after divorce can be divided under an existing, valid Binding Financial Agreement. If neither party has signed one or intends to do so, a court can divide the joint property, usually considering both parties’ financial and non-financial contributions and future needs, rather than simply who paid.

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How Important Is It to Make a Will in Australia!

March 17, 2023 · Mingqiang

How Important Is It to Make a Will in Australia!

When making a will in Australia, the will-maker must sign it and specify estate distribution. If someone else drafts it, read and understand it before signing. It can be revoked or changed at any time with full legal capacity when signing; the law specifies no storage location.

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Can Superannuation Be Split After Divorce?

March 16, 2023 · Mingqiang

Can Superannuation Be Split After Divorce?

Superannuation can be split after divorce, but splitting is optional. Apply to court for a superannuation order within 12 months of the divorce order taking effect. Late applications require proof of difficulty applying in time and a special application for permission, which the court does not guarantee.

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