The Federal Circuit Court and Family Court of Australia can treat inheritances in various ways when determining property division. The timing of when an inheritance is received can influence how it is considered in a property settlement.

When a couple divorces or separates, a financial or property settlement is almost always necessary. In this article, we will discuss how a partner’s business is part of the property settlement, and what steps can be taken to ensure a just and equitable division of assets. 

Concealed assets or hidden assets can significantly impact property settlement in divorce. Knowing your rights and entitlements is important in the division of assets. Below we identify how assets can be concealed or hidden, the consequences of hiding assets and what to do if you think assets are being hidden. It is important to be able to protect your assets legally, so you can obtain a fair property settlement.