Finance and property - When Separating
If you have separated from your spouse or partner, you may be wondering how you and your children will cope financially. The more information you have regarding your financial situation, the easier it will be to make decisions and manage your money.
Here are some tools and resources that may help you to organise your money and property during separation.
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amica.gov.au amica is a secure, do-it-yourself online platform that empowers amicable separating couples. It is funded by the Australian Government. You can use amica to make arrangements about parenting, divide your money and property fairly (amica’s artificial intelligence can make fair suggestions for you), and create simple, clear written agreements to keep a record what you have agreed. amica is means tested, so fees may apply when generating documents. Visit amica.gov.au/how-it-works/pricing for current fees.
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ASIC MoneySmart - Separation and Divorce
Includes information, checklists, calculators and budget planners which may help you plan and work out your finances after separation. -
Financial Counsellors Association of WA
Offer free, independent information, options and advocacy to help people develop the skills, knowledge and confidence to take control of their own financial situation. -
When Separating - Property checklist for legal advice
Designed to help you gather the documents and information you may need before you get legal advice about dividing your property after settlement. -
When Separating - Table of assets and liabilities
Use this table to get a good overview of your property and finances, so you can start to think of different options for a property settlement.