Explaining The Relationship Between Divorce, Separation and Property Settlements

As the Legal GP, Mark Ryan is often engaged to formalise a division of assets around divorce or separation. In these cases, it’s important for parties to understand where and how a property settlement sits in the timeline of divorce or separation, and what they’ve agreed upon. Today’s blog aims to explain the relationship between divorce, separation and property settlements. Read on. Divorce. “Divorce” is the formal, legal termination of a civil contract of marriage and it is ‘no-fault’; meaning that the law/court does not consider why the marriage ended, rather granting a divorce because of “irretrievable breakdown”. This is the only ground [...]