A binding financial agreement (BFA) is a legal document that can help to avoid disputes in the event of a marriage breakdown. However, taking the property disclosure process seriously is important when signing a BFA. Whether both parties have accurately disclosed all of their local and overseas assets is essential for the agreement’s validity. Even […]
Author Archives: Derek Lo
Divorce is an important decision in life, involving family, property, children, and other aspects. If you lack understanding of the relevant laws, you may unknowingly make decisions that are disadvantageous or even illegal to yourself, ultimately leading to serious financial losses or other adverse consequences. Therefore, it is wise to hire a professional divorce lawyer […]
Property settlement is the process of dividing personal and shared property between two partners who have decided to separate. If both parties can reach an agreement, it can save a lot of time and legal fees. The normal property settlement process involves three steps. Step 1: Consult a lawyer Before you start negotiating with the […]
Divorce property division is an important step in the divorce process that affects the interests of both parties. What Does the Court Consider When Dividing Property in Divorce in Australia? Contributions to the marriage The court will consider the contributions that each spouse made to the marriage, both financially and otherwise. For example, a spouse […]
Even if you are not using drugs, being found with drugs on your person is very likely to be charged by the police. After being charged, several factors need to be established by the police: You are aware that there are drugs on your person. You have control over these drugs. However, the specific charge […]
If you are spending your holiday in Australia, you must know a few things to have a fun, peaceful, and safe holiday.
To ensure a smooth and compliant holiday season, we have compiled a comprehensive checklist to assist you in fulfilling legal requirements during Christmas and New Year. If you have any questions or concerns regarding legal compliance during the holidays, please contact us immediately. We will provide comprehensive legal support to help your business thrive during […]
A common way to protect your assets is to put them in the name of your spouse. This can help protect your assets in the event of a business failure, bankruptcy, or other financial hardship. For example, let’s say you are a small business owner and your spouse is not involved in the business. You […]
In Australia, police have the right to request a breath test from you. If you are in Australia and are asked to provide a breath test by police, you should comply immediately. Refusing a breath test could result in serious consequences, including fines, license suspension, a criminal record, and even imprisonment. If you are found […]
Prenuptial agreements are agreements made by both parties before marriage to protect their own rights and interests after marriage. The content usually mentions arrangements for married life, assets, and even property distribution in the event of divorce. Although prenuptial agreements can provide some protection for both parties, they cannot completely eliminate disputes in the event […]