5 Steps to a Successful and Swift Family Law Property Settlement

A common frustration in family law claims is that property settlements can take years to finalise.

Not all disputes will be the same, as each have their own complexities.

Here are 5 steps to a swift property settlement:

Step 1 - Formulate a percentage range of the property division which is backed-up by legal precedent, and the contribution factors under the Family Law Act 1975 (Cth);

Step 2 - Create an action plan and set a 30 day timeframe for your opponents to respond and agree to;

Step 3 - If negotiation is futile, immediately move to a Mediation if your opponent's range is outside your predicted range. Convene the Mediation within 30 days to minimise unnecessary delay;

Step 4 - Issue a final offer of settlement which, if not accepted, can be relied on to claim costs against your opponents; and

Step 5 - Be ready to commence proceedings if the Mediation fails and a negotiated settlement is unlikely.

Following these steps will more often than not result in a resolution within months, rather than years.

Ready to finalise your property settlement?

Contact us for an initial consultation today.

Disclaimer: This publication is intended as general information only and not specific legal advice. All liability is specifically disclaimed for reliance on same. Seek professional legal advice. “Liability limited by a scheme approved under professional standards legislation.” Lawyers Townsville, Lawyers Brisbane. Lawyers Townsville 07 4724 2969 Lawyers Brisbane 07 3180 0162