Assets

Gifts and Loans

When money is advanced by a family member, whether
it is characterised as a gift or loan can be significant in
the resulting asset division between the parties.

International Assets and Property Settlement

To commence proceedings in Australia, statutory requirements in relation to a nexus to Australia (citizenship, residency, domicile, and/or geographical) must be met. Provided these are met, the Australian Family Courts will have jurisdiction to make Orders dealing with overseas assets in property settlement proceedings.