When you marry someone, the last thing you think about is what will happen in a divorce. Through the happy years, you might invest in property, stocks, buy cars and boats, or other assets together – or you might purchase an investment in your own name, your own car, or another vehicle. Regardless of whether assets are in your name, your partner’s name, or both, when you separate it can be tough to figure out how that property is divided, so here’s what you need to know.
The National Redress Scheme took effect in 2018 and will run for ten years. So, it's important that you know everything there is to know about reporting historical child abuse.
Losing a loved one is one of the hardest things anyone ever has to deal with. Grief is the type of pain you feel intensely, both emotionally and physically. It can be especially difficult when faced with a Will estate dispute.
Divorce is one of the most stressful life events someone can go through. You are dealing with the emotional stress of the end of a relationship. You also have to deal with arranging your future, however you can't focus on your future until you settle your past. This means managing your superannuation, along with the rest of your property.
Over two million Australian adults experienced abuse of some kind during their childhood. When a child is plunged into an environment where neglect and abuse are present is forces the brain to adapt to that environment. The brain circuits adapt, and that distress experienced in childhood can have profound effects in adulthood. It doesn't matter whether the abuse is emotional or physical, the effects last.
It's never too early to think about organising your affairs and creating a will. You might have 50 years left on this earth or 10. Either way, you have to expect the unexpected because life is unpredictable, and the last thing you want is to leave a mess behind for your family. The purpose of estate planning is to ensure that your loved ones are taken care of as you want them to be taken care of. A Will can give you the peace of mind you need and it can help prevent a will estate dispute in the event of your passing.
Around 30% of first-time marriages end in divorce and despite this, there are still myths surrounding the Property Settlement Process. Things aren't always split 50/50, the man doesn't come off worse, and you don't have to go to Court for your property settlement. Property settlement after separation, but before the divorce is finalised, is the right way to manage the process for everyone, but what does that look like?
Financial compensation cannot undo the pain that survivors of institutional sexual abuse suffered. However, the national redress scheme was created as a result of the Royal Commission into sexual abuse. It is a way of recognising the pain that survivors often silently endured. Or, to address the many survivors who received inadequate compensation with no way to challenge it or pursue other means of justice.
Under Australian law, entering into a new marriage invalidates your existing Will. This is a fact that many Australians are unaware of and it means that you need to sit down and create a new Will. Does that mean divorce has the same effect on your Will as marriage? That is a slightly more complicated situation, even though many people assume divorce does the job for them.
Separations are a painful experience for both parties. Even though you can't divorce for at least twelve months, that doesn't mean you can't start taking positive action to protect your future. Here’s what you need to know about consent orders.