A property settlement can be reached at anytime following a separation. However, if an agreement can not be reached, the statutory time period to make an Application to the Court runs out:
For married couples, 1 year from the date of their divorce order;
For de facto couples, 2 years from the date of separation.
We recommend that negotiations for a property settlement commence shortly after a separation and, ideally, prior to the parties’ acquiring further assets or incurring further debt.We are experienced in handling property settlements for our clients, and focus on mediation and negotiation where possible to get the most cost-effective and satisfactory results. We are also skilled at handling court proceedings to finalise property settlements if this ultimately becomes necessary.