If you are separating from your spouse, and assuming the primary role of looking after your kids, then one of the most important issues you need to understand is how child support works. At its most basic level, the purpose of child support is to protect your kids from the economic impact of your separation. There are both advantages and disadvantages to private child support agreements, depending on your circumstances and what you hope to achieve by entering into one.
A relationship breakdown may put significant financial strain on you and your family. If the household income is dramatically reduced, how then do you apply income to support your family during the separation?
People are more aware – and wary – than ever of family law issues in relation to their assets. More and more couples seek binding financial agreements to protect their assets, or put off living together or marrying to minimise their financial exposure.
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Your relationship is over, and you want out. But you aren’t sure what you need to organise before you leave. Hopefully this doesn't sound familiar - but if it does, we recommend you read-on... In this article we set out our 7 steps to leaving, which we hope will help you through this difficult transition. These steps will also help someone assisting a relative, friend or client through this process.
When you are separating for your spouse or partner, it's easy to get bogged down in negotiations about your kids and dividing up your property. But don't forget your estate planning - otherwise you may just end up leaving your former partner the biggest gift of them all.
Divorce is the legal process that formally ends a marriage. In practical terms, it is often the easiest part of a separation - but perhaps one of the more emotionally charged. Read on for a brief overview of the divorce procedure.
Unlike divorce, marriage separation does not have an effect on your Will. For this reason, the period of separation that occurs prior to divorce is possibly one of the most important times to ensure your Will reflects your changed circumstances.
You’ve decided that a Financial Agreement is right for you. So what happens next?
Lawyers are a necessary evil... but Andreyev Lawyers know how to treat their clients well, and sincerely.
The effect of death on 'Child Support Agreements' and 'Binding Financial Agreements' can be a little complicated - but more importantly, can have unintended consequences for your Estate Planning.
Hear Andrew Andreyev on ABC Radio 891 Drive-time in Adelaide discuss what are 'Binding Financial Agreements', when can they be used, what do they achieve, and when can they be challenged.
A ‘Binding Financial Agreement’ is a way for couples to put in writing what they would like to happen to their property if their relationship breaks down, or if their relationship has already broken down and can avoid costly disputes.
You could be in a de facto relationship without even realising it – and, if so, your personal assets are at serious risk in the event that you and your de facto part ways.