Splitting The Pie: How to 

So, you’ve worked out The Pie—what’s available to be split between you and your partner, as well as how much things are worth or what’s owing on debts. The next step is to split The Pie.  If I can suggest, Step 1 is to start by going through The Pie to work out what’s agreed. […]

Divorce checklist

We’ve prepared a checklist of some things to think about in preparation for your separation: Obtain (if you can) copies of your and your partner’s financial documents, including tax returns for the last three financial years, recent pay slips, bank statements for all accounts, recent superannuation member statements, insurance policies, car registration papers and if […]

What Not to Do When Separating

Don’t act deceptively or at least think very carefully before doing so. This includes transferring money without telling your partner, going through your partner’s belongings without their agreement, telling your partner that you’re separated after you’ve already moved out. Having worked with hundreds of separated clients, the deception of the other person around the time of separation […]

Financial Separation Agreements and Why You Wouldn’t Do One

Those free, downloadable online ‘Separation Agreements’ or templates claiming to be ‘Binding Financial Separation Agreements’ should be avoided. Those documents, which might be called a’ Separation Agreement’ or ‘Deed of Separation’, do not comply with the requirements under the Family Law Act 1975 (Cth), which is the relevant law that applies to largely all separated couples in Australia (excluding […]

Why should we formalise our financial agreement?

There are three primary (financial) reasons why you should formalise the agreement that you reach with your partner about finances, and do so properly, in a legal way. If you’re transferring a house or a car to your partner or vice versa, then stamp duty will not be payable on the transfer. This could save […]