Untangling your finances. Your property settlement explained.

If you are looking to get separated or divorced but you have to untangle your finances and you are thinking “yikes.  that is a big knot to untangle”, then this is the episode for you. We will talk you through the overview of what happens and how to get your finances, mortgage, house, car, cash, furniture and super untangled. A perfect episode for you to know where you’re headed, how it works and how to make it happen. Also discover how to approach this phase based on the different divorce personality types you might be experiencing. This is based on Australian Law and is a general guide only.

 

Please note this is general advice only. Please always seek independent legal advice as everyone’s situation is different. 

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Podcast Episodes that are related to this topic

Divorce Limbo Episode

Financial Contributions Episode

Selling the house in divorce Episode

 

You Don’t Want to Miss Out On

• Why do you need to sort your property according to the family law act?

• What happens if you stay in divorce limbo?

• What are the consequences of never sorting out your property? 

• What happens in property settlement to the house?

• How to work out who gets to keep the house

• How to work out if you can afford to keep the house

• What if you can’t afford the mortgage?

• What does the court do if one wants to sell the house and the other wants to keep it?

• What happens to the money from the sale of the house?

• How do they work out what part of the assets you get to keep?

• How to figure out a payout amount for the house.

• How to figure out who gets the cash?

• What happens to the cars? How do you decide who gets which? 

• How do you get the car in your name?

• Do you have to sell the car?

• How to get a car valued.

• How to transfer the car into your name after a property settlement agreement has been filed.

• How to avoid stamp duty for transferring the car name during property settlement. 

• Who gets the furniture in property settlement?

• How does the court sort out furniture fights?

• How is superannuation sorted out in divorce?

• What superannuation cannot be split up?

• Would a court agree to giving one person all the cash and one person all the super?

• Self Managed Super Funds, what happens with these?

• What happens with Trusts in divorce and property settlement?

• Business valuations during divorce

• What happens if you are registered as part of a business that is involved in your property settlement.

• Tax implications for divorce property settlement.

• The process a lawyer takes when deciding what property goes to who after deciding on the percentage. 

• Manipulative and controlling ex partners and untangling your finances

• Amicable break up and property settlement tips.

• Avoidant divorce and property settlement.

• What to do if someone is dragging out the property settlement. 

 

If you need emergency help you can also contact:

• WOMEN'S SHELTER SERVICE 

• LEGAL AID

• Lifeline 13 11 14

• Mensline Australia 1300 789 978

• Kids Help Line 1800 551 800

• Aboriginal Family Domestic Violence Hotline 1800 019 123

• Relationships Australia 

• Police on 000

• DVConnect Womensline on 1800 811 811 (24 hours, 7 days a week) Note: This number is not recorded on your phone bill

• DV Connect Mensline on 1800 600 636

• National DV line on 1800 737 732.1800RESPECT 1800 737 732

Make sure you hit SUBSCRIBE so you don’t miss out on the next practical steps and guide to your divorce or de facto separation coming soon. And, if you’ve found this episode helpful, please leave a rating and a review so it can help others. Thank you. 

Please note this is general advice only. Please always seek independent legal advice as everyone’s situation is different.