4 Common Examples of Non Financial Contributions Family Law
In Australian family law, non-financial contributions refer to efforts made during a relationship that don’t involve direct financial input but still contribute significantly to the couple’s property and overall well-being. These contributions are considered when dividing assets after a separation or divorce, alongside financial contributions. What Are Non-Financial Contributions? Non-financial contributions can take various forms. […]
Preparing for Separation: 8 Important Steps
Preparing for separation can feel overwhelming, but taking clear steps can help you navigate this difficult time with confidence. By organising your finances, understanding your legal rights, and focusing on your well-being, you can create a smoother transition for yourself and your family. 1. Understand Your Legal Rights Before making any significant decisions, it’s important […]
What Is Proof of Care Arrangements: 7-Point Comprehensive Guide
Proof of care arrangements refers to the documentation or evidence that shows who is responsible for looking after a child after the parents separate. This information is used by government agencies like Services Australia to determine your eligibility for family assistance payments, such as Family Tax Benefit (FTB) and child support. It confirms how much […]
How Long Do Divorces Take: 4 Important Factors That Can Affect the Timeline
If you’re asking the question how long do divorces take in Australia, the process typically takes a minimum of four months from the time you file your application to when the divorce order becomes final. However, the total timeframe can vary depending on your circumstances, such as whether the divorce is contested, the court’s schedule, […]
What Not to Say to a Family Report Writer: 3-Point Helpful Guide
A family report writer’s role is to assess your family dynamics and provide recommendations to the family court regarding your child’s best interests. They are impartial professionals who gather information through interviews with both parents and, in some cases, the children. When meeting with a family report writer in a family law matter, there are […]
What Is Income Splitting: 4 Helpful Methods
What Is Income Splitting? Income splitting is a tax strategy where you distribute your income across multiple family members, typically in lower tax brackets, to reduce your overall tax liability. In Australia, this method is commonly used by families, business owners, and investors to take advantage of the progressive tax system. While income splitting can […]