Welcome to the first issue of The Word on the Street, the newsletter for Todd Street Lawyer!

Spring time is upon us!  The season of new births brings with it some new developments in family law.  Some important cases have been decided in this area, particularly in relation to Binding Financial Agreements and the four step process in family law property matters.  Included below are articles about each of those developments.

I am also pleased to say that, after 18 months of hard studying, I have finished the Master of Applied Law (Family Law) program through the College of Law!  An absolute must for any lawyer who works in family law, the College of Law Masters program includes study across the range of family law practice – from parenting matters to property, from spousal maintenance to child support and maintenance, from Hague Convention applications to disputes about paternity, and from disputes about trusts and companies to binding financial agreements.  For more information, check out their web site at www.collaw.edu.au.

For more information about these and other issues, check out our web site at www.streetlawyer.com.au, or our Facebook page at www.facebook.com/StreetLawyerAU.

Until next month, enjoy the extra sunshine!

Take care,

Todd.

Article: Binding Financial Agreements – The Latest Word

One of the ways by which spouses or de facto partners can agree to arrangements about their property is by entering into a financial agreement.  A commonly known example of a financial agreement is a ‘pre-nup’.

Recently, the Full Court of the Family Court handed down its decision in Hoult & Hoult [2013] FamCAFC 109.  It is an important decision for people thinking about entering into a financial agreement, and those who have already signed up to a financial agreement.  It emphasises the importance of getting good legal advice, and where things can go wrong if they are not done properly.

For more information, check out the full article.

Article: Why do you need to get advice about your property settlement quickly after separation?

Separation is often a difficult time.  You’ve got a lot to deal with.  You may have to find a new place to live.  You have the emotional baggage which comes from separation.  So why complicate things by getting the lawyers involved?

The recent decision of the Full Court of the Family Court in Bevan & Bevan [2013] FamCAFC 116 is a cautionary tale.  You may now be held to any promises which you have previously made, even if it wasn’t reduced to the form of a financial agreement or consent orders.  If you delay making an application, for property settlement, that may affect your entitlements too.  The best thing to do, to avoid risking your claim, is to get good legal advice and early.

For more information, check out the full article.

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