Property Adjustment and Division When de facto relationship ends

Property Adjustment & Division

What is a binding financial agreementIf you are in a de facto relationship for longer than 2 years you could find that you have a legal obligation to provide your ex partner with a property adjustment should your relationship break down. There are a number of property settlement options for de facto couples.

Some de facto couples choose to draw up financial agreements before or during their relationship, which are similar to "pre nuptial" agreements. In a similar way, separation agreements can be drawn up in anticipation of, or immediately following a relationship breakdown. This article explores property adjustment and division and how it impacts de facto couples.

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