Divorce Vs Property Settlement

A divorce is simply the legal dissolution of a marriage. It is a declaration by the Court that the marriage has irretrievably broken down, usually after a period of at least 12 months’ separation.

A property settlement, on the other hand, is the process of dividing assets, liabilities, and financial resources between separating parties. These two processes are entirely separate under Australian family law.

You do not need to wait until you are divorced to start negotiating or formalising your property settlement. In fact, you can begin dividing property as soon as you separate. Conversely, you can apply for a divorce without having finalised your property settlement.

If you are considering divorce or have recently separated, consult with our experienced Family Law Solicitors to ensure your interests are protected and your future is secure. Contact our Sutherland Shire Family Law Team on 8525 2700, click here to request an appointment, or simply click on the Book Now button below. Our experienced Family Law Solicitors include Riccarda Stock, Nicole Quirk, Shweta Kumar, and Nikita Ward.

For more information please refer to our article Can You Get Divorced Without A Property Settlement?

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