The Global Approach and the Asset-by-Asset Approach to Property Settlement

In Perth Family Law there are different judicial approaches to how property should be shared at the end of a relationship including marriage. The most commonly used approaches are the global approach and the asset-by-asset approach. A combination can be used.

The global approach involves the division of the parties’ assets on an overall proportion of the global view of the total assets.

The asset-by-asset approach involves a determination of the parties’ interests in individual items of property.

Applying an asset-by-asset approach to long relationships, even if parties kept their assets separate is usually rare.

Perth Family Law cases in which the asset-by-asset approach has been adopted by the court include where the marriage (or relationship) was of short duration and during the marriage, the parties have strictly divided and kept their own assets and finances separate from each other.

Prior to your first appointment, you may send us an email or similar, outlining your situation including what you would want to tell us in your first appointment. This information will be read on a complimentary basis prior to your first family law appointment. We get to know you and your family law matter before we meet.

Please note this is not family law advice. It is important to seek advice specific to your circumstances. We are a small, boutique family law firm that has been established for over 20 years. You will receive personalised attention from our Legal Practitioner Director supported by our carefully selected and trained and very experienced Perth family law paralegal and support staff. Shannon has been practising in family law and including in complex financial matters for over 25 years having graduated with Honours in Family Law.

Email our Legal Practitioner Director, Shannon Bodeker at info@bodekers.com.au, for your complimentary pre-read and first appointment at a reduced rate.

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