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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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What to Note About Property Division in an Australian Divorce

March 3, 2023 · Mingqiang

What to Note About Property Division in an Australian Divorce

Property settlement after divorce covers debts and overseas assets as well as real estate. Courts identify and value assets and liabilities, consider both parties’ financial and non-financial contributions, then assess fairness. Each party needs a lawyer from a different firm when signing a settlement agreement.

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