Experienced Property Settlement Lawyers in Sydney
Michael Conley Lawyers are experienced property settlement lawyers in Sydney, supporting our clients through property settlements and division of assets with a range of family law services.
Our team has extensive expertise in family law matters, with decades of experience to assist you and your family in achieving a fair property settlement quickly and efficiently. Using our knowledge of family law, as well as our experience in mediation and negotiation, our expert legal team will guide you throughout the property settlement process. Together we’ll navigate this incredibly difficult time to secure the future of your family.
The Benefits of Working with Property Settlement Lawyers
Working with experienced property settlement lawyers, you can benefit from both the expert knowledge and the extensive legal experience our legal team has in family law, mediating a binding financial agreement, appropriate division of assets and other property matters. When dealing with property, especially matrimonial property, and parties that may not agree on how to divide the joint asset pool, you will need expert legal advice to navigate the difficulties involved in property settlements.
As specialist family lawyers, we take a collaborative approach, working with our clients to understand their needs throughout this challenging process and to hopefully circumvent going to court to settle the dispute. Our objective is focused on the big picture: to secure the best outcome for your family by providing quality family law services.
Our Approach As
Property Settlement Lawyers
Michael Conley Lawyers support our clients with a diverse team of expert lawyers, who prioritise the needs of your family for the best possible resolution, including barristers, partners, senior associates, paralegals, administrative staff, forensic accountants, counsellors, trained mediators and arbitrators.
Our diverse team works together in a holistic approach to every case. Our goal is to assist you to minimise the financial and emotional cost of this difficult situation.
We understand how important communication and a prompt response is during these stressful times, which is why our team prioritises communication to ensure you know what is involved at each stage of the process. You are able to start court proceedings with confidence and always know what’s happening with your case. We always reply to your calls and emails, and we’ll never ask you to call back later.
Want to know more about engaging family lawyers? Book a 15-minute FREE consultation to discuss and arrange a meeting with one of our accredited family law specialists.
OTHER FAMILY LAW SERVICES:
Want to know more about engaging family lawyers?
Book a 15-minute FREE consultation to discuss your needs and arrange a meeting with one of our family lawyers.
Property Settlement FAQs
Property settlement covers the division of all forms of property following a separation or divorce, including all assets and liabilities. Resolving this type of dispute involves assessing the contributions of each party (including financial and non-financial contributions), their current financial situation and future needs. The law regulating property division, or property settlement, is contained in the Family Law Act 1975 (Cth).
The outcome of a property settlement depends on the practical and economic circumstances of each party, with judicial determination in this field being discretionary. However, on average property settlements result in a 55-65% division in favour of the economically weaker spouse, before payment of legal fees.
When it comes to divorce and dividing property, all property of you and your former partner is considered matrimonial property – even if the asset was obtained prior to marriage. This means any property owned by either spouse during the course of the marriage could potentially be split in a divorce settlement.
For more information on divorce and property settlement, book a 15 min consultation about your arrangements today.
To calculate a property settlement, you will need to:
- Know the total value of net assets owned by you and your partner
- Assess net asset pool contributions, including non-financial contributions such as homemaking or parenting
- Understand the future needs of both partners and any dependents
- Prioritise a fair and equitable outcome for all parties and dependents involved
While the Courts do have the power to order one party to cover the legal cost of the other party, it is a general rule within family law matters – such as property settlement – that each party is required to pay for their legal costs.
Most property settlement lawyers have an hourly rate, depending on their experience rates can range between $100 to $450 per hour. The end cost can vary significantly from case-to-case and is difficult to estimate, as it depends on the complexities of your family dynamics and whether or not you are able to resolve the dispute with mediation or go to court.
Seek legal advice from leading family lawyers in Sydney and book a FREE 15 minute consultation.