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ARTICLE · 21 SEPTEMBER 2014

What to do when you decide to separate?

If you are considering a separation from your partner, it is imperative you seek the advice of professionals.

AustraliaFamily and Matrimonial

If you are considering a separation from your partner, whether you decide to proceed or not, it is imperative you seek the advice of professionals including lawyers and accountants. Seeking this advice will ensure you are sufficiently informed about issues and possible actions that need to be taken, particularly in regard to financial matters, should you decide to proceed with the separation.

Some matters to consider prior to or shortly after separation include:

Your finances

Often it is the case that one party works whilst one stays home, or otherwise earns a minimal income. The parties' savings are generally held in an account in one of the parties' names, or jointly where either party can remove it without notice to the other. We often see situations where a party will remove all monies from the joint account or prevent the other party to access money shortly after separation, affecting their ability to pay the mortgage, bills and groceries. Therefore it is

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