FINANCIAL/PROPERTY ORDERS
When making orders altering property interests under section 79 Family Law Act (marriages) or section 90SM Family Law Act (de facto), the Courts engage in the Four step approach:
- Identifying the value of the parties’ property, liabilities and financial resources,
- Assessing the parties’ financial and non-financial contributions to the net value of their property,
- Assessing whether any factors exist to warrant an adjustment,
- Determining what orders should be made for a just and equitable outcome.
For a consultation with a Family Lawyer, call AMA Legal on (02) 8610 3764.
