Upon the dissolution of marriage property has to be taken into consideration of who gets what. This is called property settlement. The property includes all property of the partnership no matter whose name it is in. The term property includes houses, units and land but that is not all furniture, cars boats shares and even superannuation can be divided up amongst the two parties.
The scheme of the family law act is to encourage agreement in property settlement this is where counselling and mediation can help. Once an agreement is reached it can be formalised in consent orders, or financial…
