A relationship separation is one of the most stressful life changes you will go through in your lifetime. It is a time of big change and major decisions. You may be unsure about what to do next and have many questions. A Relationship Property Lawyer will be able to provide you with guidance as you navigate this change, and it is a good idea to speak to a lawyer as soon as possible.
Writing down all your assets and liabilities is a good first step and consider how you think your property should be divided. Bring this list to your lawyer along with a list of all your questions. Sometimes you may not even know the full extent of your assets and liabilities, and this is okay as your lawyer will be able to find out this information on your behalf.
The goal is to have a Relationship Property Agreement prepared which sets out in clear terms how the division of your property will be dealt with. There are strict requirements under legislation for this type of Agreement and each party will require independent legal advice. Once this Agreement is signed it allows both parties to move forward with their lives with certainty. Without an Agreement, or if you arrange a “private” agreement which does not meet the requirements of a legally binding agreement, there is the risk that one party may later try and claim more from you and this can lead to stress and further costs.
At Legal Solutions we are experienced in assisting clients through the stress of a separation. Our job is to assist you in reaching an agreement about the division of your property and we will do this in a compassionate manner.
If you are separating or considering separating please get in contact with our specialist Relationship Property Lawyers at Legal Solutions so that we can assist you in transitioning through this challenging period in your life.