Tag: matrimonial property pool

What is a property settlement? In basic terms, a property settlement determines how much you and your spouse will receive after all of the assets, liabilities and superannuation are identified. The property, assets and superannuation are jointly referred to as the property pool, which is what will eventually be divided and distributed between the parties. Common misconceptions [caption id="attachment_17778" align="alignright" width="350"] Property settlement[/caption] It is a common misconception that both parties to a property settlement will receive a 50/50 split...

In family law disputes, the preservation of matrimonial property is often crucial to ensure a fair and just resolution. Under the Family Law Act 1975 (Cth), courts have the power to grant injunctions that restrict parties from disposing of or dealing with assets that form part of the matrimonial property pool. This article explores the statutory basis and legal principles governing such injunctions, with reference to the decision in Liu v Xiao (2018) NSWSC 1401. Statutory Power to Grant Injunctions...