My ex and I have separated after a little over 2 years of marriage and I am looking to purchase the family home. Some facts are as follows:
Although I know that family law does not take some of those specific things into consideration, given that I have made the greater financial contributions throughout the course of the relationship and marriage, my ex and I have been amicable enough to actually agree on a settlement figure that is approx. a 65 / 35 % split (in my favour).
I sought an initial legal consultation (no cost and no obligation) to look towards having this matter finalised and the lawyer’s advice has been that they do not think the court will agree to the split unless we both have independent legal advice. Unfortunately, neither of us can afford (or are willing to pay) the legal fees associated with this (my quote was $5,000 for consent orders or $10,000 for a binding financial agreement). The ex has flat out said that he cannot afford legal fees and is unwilling to end up having a significant proportion of the agreed settlement money go towards any legal fees.
Does anyone know:
- At the time of moving in together (approx. 6 years ago), I had approximately $14,000 savings, a car worth approx. $4,000 and a house full of furniture, whereas the ex came into the relationship with approx. $20,000 debt, no furniture and a car worth approx. $1000.
- At the time of purchase of the family home I contributed half of the deposit, the other half was loaned to us by my parents, of which there is still $6000 debt owing to them – no financial contribution was made towards the deposit by the ex
- As at now, there is approximately $61,000 in equity in the house
- I have a significantly higher amount (1.6 times his amount) in superannuation because I have been making significant voluntary contributions for a number of years, whereas he has not made any voluntary contributions
- Neither party has ever been off work during the period of the relationship and had to support the other party in that way
- We have agreed that there is no interest in each others superannuation
- There are other factors which the ex and I have agreed to take on board such as other expenses we had during the relationship that I paid and he has “owed me” for.
- There are no children involved in the separation
Although I know that family law does not take some of those specific things into consideration, given that I have made the greater financial contributions throughout the course of the relationship and marriage, my ex and I have been amicable enough to actually agree on a settlement figure that is approx. a 65 / 35 % split (in my favour).
I sought an initial legal consultation (no cost and no obligation) to look towards having this matter finalised and the lawyer’s advice has been that they do not think the court will agree to the split unless we both have independent legal advice. Unfortunately, neither of us can afford (or are willing to pay) the legal fees associated with this (my quote was $5,000 for consent orders or $10,000 for a binding financial agreement). The ex has flat out said that he cannot afford legal fees and is unwilling to end up having a significant proportion of the agreed settlement money go towards any legal fees.
Does anyone know:
- How hard is it to complete and lodge the consent orders yourself?
- In order to support the property settlement application are we able to include “notes” about some of the things that we have agreed upon (e.g. the deposit, the difference in financial position when the relationship started etc) in either the consent order or the minutes?
- Is there scope for the courts to see in favour of two adults that have reached a mutual agreement outside of lawyers offices/courts?
- What are the chances of getting a 65 / 35 split through the courts?
- Are there any other suggestions of things that can be done to try to assist with getting this matter settled?