PROPERTY AND FINANCIAL SETTLEMENTS
Bringing clarity and closure to your settlements
WHAT IS PROPERTY SETTLEMENT?
A property settlement is the legal process of dividing assets, debts, and financial interests between separating or divorcing partners. It’s a crucial part of finalising your separation — ensuring that both parties can move forward with financial clarity and stability.
Unlike simply splitting everything down the middle, a property settlement takes into account a range of factors to determine what is fair and equitable in your unique circumstances. This includes not only what each person owns and owes, but also contributions made during the relationship (both financial and non-financial), as well as future needs, such as caring for children or differences in earning capacity.
Property settlements can be resolved through negotiation, mediation, or, if necessary, by applying to the Family Court or Federal Circuit Court. Whether you’re able to reach an agreement amicably or require legal intervention, having experienced legal support ensures your interests are protected and the outcome is legally binding.
WHAT'S INCLUDED:
> THE FAMILY HOME – whether owned jointly or by one partner
> INVESTMENT PROPERTIES – such as rental homes or holiday houses
> LAND OR VACANT BLOCKS – including jointly owned or inherited land
> VEHICLES– including cars, boats, caravans, or motorbikes
> FURNITURE AND HOUSEHOLD ITEMS – especially those of significant value
> PERSONAL VALUABLES– jewellery, artworks, or collectibles
> BUSINESS PREMISES– including property owned through a company or trust
> PROPERTY OVERSEAS – such as holiday homes or land held outside Australia
WHAT IS FINANCIAL SETTLEMENT?
A financial settlement focuses on dividing the financial resources and obligations of the relationship. It ensures a fair outcome that reflects each party’s contributions and future needs — not just what you own, but also what you owe.
Financial settlements cover a wide range of considerations and are often more complex than they appear. With the right legal advice, these matters can be resolved amicably, without court intervention, through negotiation or formal agreement.
Whether you're dealing with shared investments or one party needs financial support moving forward, we help you reach a settlement that’s balanced, thorough, and legally binding.
We focus on securing a financial outcome that reflects your contributions and safeguards your future.
WHAT'S INCLUDED:
> SUPERANNUATION– including splitting or adjusting balances
> SAVINGS & CASH– in joint or individual bank accounts
> SHARES AND MANAGED FUNDS– whether privately held or publicly traded
> TRUSTS & FINANCIAL INTERESTS– such as family trusts or entitlements
> BUSINESS INCOME OR DIVIDENDS– including ongoing financial arrangements
> LOANS & CREDIT CARDS– division of joint or personal debts
> TAX LIABILITIES – and any outstanding financial obligations
> FUTURE FINANCIAL NEEDS – particularly where one party is a primary carer or has limited earning capacity
LET GOLDRICK FARRELL MULLAN LAWYERS HELP
Every relationship — and every separation — is different. That’s why we take a personalised, thoughtful approach to every property and financial settlement.
Led by senior family lawyer Gail Sherlock, our team, including Special Counsel Christina Dawson, brings deep expertise, a calm presence, and clear strategy to each case. Whether you're working through a straightforward division of property or navigating a complex financial landscape involving businesses, trusts, or multiple assets, we focus on securing the best outcome for you — legally, financially, and emotionally.
We listen closely to your concerns, explain your options in plain language, and help you make informed decisions at every stage.
