Most people I speak to want to get their financial separation finished as quickly as possible. I get it!
Unfortunately, the process can take awhile.
The timeframe your financial separation takes will be determined by a few different factors.
Some agreements can be finalised between 3-6 months (including the time it takes for the agreement (Orders) to be “stamped” by the Court), while other agreements take much longer.
What can you do to speed up the process?
- Get organised: If you haven’t gathered all your financial documents – including bank statements, credit card statements, superannuation accounts and anything else that might be affected by your separation, now is a good time to start gathering that information. Your lawyer will need this information to be able to offer you advice about any proposals you are considering making or accepting.
- Follow the advice your lawyer gives you: If you are negotiating, and your lawyer tells you it’s a good idea to consider accepting your spouse’s offer when it comes to property division, or that you should consider trying mediation, understand she is speaking from experience that you can rely on.
- Take care of yourself: I know myself that if I don’t get enough sleep or if I don’t eat well, I can’t focus, make good decisions or get things done. Separation takes an emotional and physical toll on you and so it’s important to make sure you give yourself the time and space to rest and recover from the emotional strain – that way, you can make sure you are making the best decisions for your future.
Your lawyer will take care of the legal work and all the appropriate steps (keeping you informed along the way!) but ultimately, the length of time your property settlement will take comes down to you and your spouse – you can only go as fast as the slowest person, and your timeline will be based on how much the two of you can agree on, and how organised you can be throughout the process.
The good news is, you can keep your family out of court, and in my next article, I’ll tell you more about that!
Megan Sweetlove is a divorce lawyer and the owner of Sweetlove Family Law. Megan has worked with families who are experiencing separation and divorce for over 10 years.
Using a kind, compassionate and caring approach, Megan will work with you to develop a strategy that will enable you to have a successful separation and to work out the best way to move forward, taking into account your economic and emotional needs.
If you or someone you know needs assistance during divorce you can organise a complimentary 20 minute phone appointment with Megan here.
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