A property settlement is an agreement, arrangement or understanding made between parties to a marriage or de facto relationship to divide assets, liabilities, and financial resources when a couple separates.
A property settlement can be made with or without the court’s assistance via Property Settlement Lawyers. In relation to an agreement between the parties that agreement can be converted into court orders. It can be done by making an application to the court for that agreement to be recognized as court orders.
Property owned before and after the separation can be included in a property settlement.
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