Dividing Assets, Money, Superannuation

 

When dividing your assets there are no set rules but the law suggests it helps to look at certain factors, such as financial and non-financial contributions.

You can get your fair share of assets, money and superannuation after you separate without going to court via a Financial Agreement or Consent Orders.

We can assist you by letting you know how the law works and whether a Financial Agreement or Consent Orders better suit your needs.

Financial Agreements

A Financial Agreement, sometimes known as a Binding Financial Agreement or BFA, is a written agreement, similar to a contract, that states how your property is to be divided.

Consent Orders

A court order, known as Consent Orders, is a written agreement that states how your property is divided. Unlike Financial Agreements, Consent Orders must be approved by the court.

Superannuation

The law treats superannuation as part of the assets you need to divide, but you should be aware that you will not be able to access it as cash.

Next Steps

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