A Guide to Dividing Joint Assets with your Ex-Partner

If you are in the process of a divorce or separation, the subject of joint assets will be something you need to discuss, and the best way to go about this, is to sit down together and list all of your joint assets, then you can come to an agreement over the fairest way to divide those assets. This agreement would also contain details regarding child care and support, including custody arrangements, visitation rights and, of course, financial support.

Child Custody & Support

When creating consent orders, parenting comes into play, and if you and your ex-partner can agree on every aspect of the children’s welfare, then you should make contact with a family lawyer, who can assist you by drawing up the consent orders in the correct format, and once this has been approved by you and your partner, the legal expert would submit the consent orders to the Family Court for their approval. When dealing with consent orders, parenting must be taken into account, which means agreeing to who has custody, the other party’s visitation rights and financial support for the children.

Virtual Legal Services

During the current Covid-19 pandemic, it is not wise to pay the lawyer a visit, and most law firms offer virtual consultations that enable you and the legal specialist to talk about your circumstances. The lawyer would request that you send them a copy of your agreement in advance, which would enable the lawyer to become acquainted with the agreement prior to the video consultation, and after the call, the lawyer can proceed to draw up the consent orders. The agreement would be sent to you for approval before being submitted by the lawyer to the Family Court, and once approval has been given, the agreement becomes legally binding and cannot be amended by either party.

Fixed Price Consent Orders

Most family lawyers would offer fixed price consent orders, which means you pay an agreed sum regardless of how much time the lawyer spends working on the orders. With online solutions, you don’t even have to meet your lawyer face to face, as everything can be agreed via a video consultation, and the legal specialist can prepare the orders on your behalf.

If you would like to talk to a family lawyer to discuss consent orders, a Google search will help you locate a local law firm that specialises in family law and they can help you through the consent orders process and within a short time, the agreement will be binding and you can move onto the next exciting chapter of your life.

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