After the breakdown of a marriage or defacto relationship, the division of property is critically important to the financial future of both parties. While some property settlements can be reasonably straightforward, others can be extremely complex. In either case, accurate and prompt legal advice is vital.
O'Sullivan Davies can advise on your likely entitlements, with a view to achieving an appropriate settlement as quickly and efficiently as possible. We offer a range of options to achieve this division including negotiated settlements, mediation, arbitration and (where agreement is unable to be reached) Court proceedings.
Where agreement is reached we can advise on the most appropriate and cost efficient means of formalising matters to ensure security for the future. In some cases this will involve obtaining consent orders through the Family Court of Western Australia; in others it will be more appropriate to enter into a Financial Agreement (an option which has only recently become available) so as to exclude the jurisdiction of the Court in the future.
Our lawyers are experienced in ensuring that all relevant matters are considered in determining an appropriate settlement, including taxation and Stamp Duty implications, recent legislative changes, and other issues which when overlooked can have serious consequences.