Here are the time limits for different areas in family law to help you out in your legal matters!
Different time limits for separation
There are various time limits for separation in family law. Time limits are important dates provided for in the Family Law Act. When dealing with separation there are many issues competing for your attention such as property, parental issues and financial assets.
Property adjustment
When dealing with property, it is recommended to make a property adjustment order as soon as possible after the separation as halting the proceedings can be disadvantageous. In the matter of Bevan & Bevan [2014], separation had occurred 18 years earlier and the parties had arranged their finances by agreement over that period. In this case, the husband received no assets because he had moved on with his life, and since all the assets were in his wife's name, the Courts did not see it fit to make adjustments regarding property.
Parental issues
Parental issues are also an issue when dealing with time limits in separation. In parental matters, proceedings can be commenced at any time. If Final Orders have been made in parenting matters, then proceedings can only be recommenced if there is a significant change in circumstances. However, it is recommended that proceedings should commence as soon as possible for the foremost outcome.
Financial assets
Financial assets are also an important issue concerning time limits in family law. If you are married, applications for financial assets adjustment must be made within 12 months of your divorce or nullification becoming final. Ensuring that you do this within a year will secure the best outcome in splitting the assets
When client needs to take action
In a majority of cases ensuring that you take action concisely after the separation has occurred is best in securing the best possible outcome whether it involves property adjustment, parental issues, financial assets etc.
In summary, there are various time limits for separation in family law. Time Limits are important dates provided for in the Family Law Act. When dealing with separation there are many issues competing for your attention such as property, parental issues and financial assets and in a majority of cases ensuring that you take action concisely after the separation has occurred is recommended to achieved best possible outcome.
If you or someone you know wish to discuss this issue further, then please do not hesitate to contact us on 02 8999 9809.