This article talks about what time limits apply in property settlement. Learn what time limits apply to file for property adjustment orders.
Are there time limits for me to apply for my property settlement entitlement?
It is important to seek legal advice from an experienced Family Lawyer to know what your property settlement entitlement is and what time limits apply.
For married couples, you must file an application for property adjustment orders within twelve months of your divorce becoming final.
For couples in a de facto relationship, you must file an application for property adjustment orders within two years of your separation date.
If you fail to file an application for property settlement orders within the above time limit, the court will need grant you special permission. This is not always granted by a court.
The court will require you to show the reasons why you were not able to make the application for property adjustment orders before the time limits lapsed. You will need to demonstrate more than just a loss.
We highly recommend seeking legal advice from an experienced family lawyer as soon as you separate to avoid missing out on your entitlements.
If you would like more information on similar topics, check out the following information and articles:
- Why you should formalise your property settlement
- When can future inheritances be taken into account
- How do I apply for property and financial orders
If you would like to know more information about property settlement, contact us to book in a reduced rate initial consultation with one of our experienced Brisbane family lawyers.