Contact our Property Settlement team today for a free consultation

Property Settlement Lawyers – Adelaide

The purpose of property settlement is to put an end to the financial relationship between you and your former partner or spouse.

At Bambrick Legal, we understand that property settlement matters can be emotionally intricate and challenging.

When you require assistance with property settlement issues, you deserve a team of lawyers who are not only proficient but also empathetic, efficient, and cost-effective.

What Determines Property Settlement?

The first step to applying for property settlement or coming to any arrangements is to identify and value the assets, liabilities, and financial resources of the parties.

This is not limited to the assets and liabilities that were acquired during the relationship as property owned before the relationship may be included.

Assets can include:

furniture
gifts
motor vehicle
real property shares, and
superannuation.

Liabilities can include:

mortgages
car loans
student loans
tax liabilities, and
credit card debts.

There is no certainty that the property will be divided equally between you and your partner or spouse – there is no formula that is used to divide your property.

The Court accommodates several factors when considering property settlement between spouses and partners, including:

Assets and liabilities of both parties
Financial contributions by each party to the relationship/marriage (eg wages and windfalls)
Indirect financial contributions by each party (eg, gifts and inheritances from family)
Non-financial contributions such as caring for children and homemaking
Future requirements considering age, health, care of children and ability to earn, and
Whether the proposed property settlement is just and equitable.

Read about separation and divorce here.

How Long Does Property Settlement Take?

The time to make an application for property adjustment is dependent on the nature of your relationship.

If you were married, you must make an application within 12 months of your divorce becoming final.

If you were in a de facto relationship, your application must be made within 2 years of the breakdown of the relationship.

If the specified timeframes elapse, you may still pursue a property settlement with the Court’s permission (more about this here).

Why Choose Our Property Settlement Lawyers

When you select our team of property settlement lawyers, you benefit from a range of advantages:

1. Certainty with Known Costs

We offer transparent and competitive pricing, allowing you to plan your legal journey with confidence.

2. Caring Legal Professionals

Our lawyers genuinely care about you and your family.

We provide compassionate support during this challenging time.

3. Deep Expertise & Efficiency

With over 10 years of industry experience, our legal team is well-versed in property settlement matters, ensuring effective handling of your case’s complexities.

4. Multilingual Support

Our team is fluent in English, Mandarin, Cantonese, Spanish, and Italian, ensuring clear communication and understanding of your unique needs.

5. Tailored Solutions

Regardless of the complexity of your situation, our experienced lawyers work closely with you to develop custom legal strategies aligning with your objectives.