How to Divide Property in a Divorce in Australia: A Detailed Guide
Divorce not only marks the end of a marital relationship but involves the complex process of dividing shared assets and liabilities. This division, known as property settlement, aims to achieve a fair distribution of property between separating spouses. Understanding how property division works is crucial for anyone navigating the divorce process in Australia. What is property division? Property division involves the legal process of distributing assets and liabilities acquired throughout a marriage or de facto relationship. It encompasses everything from the family home and investments to personal belongings and debts jointly incurred. Importance of understanding property division laws in divorce...
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