Financial Settlement Mediation
A Financial settlement, also known as a property settlement, involves a legal agreement that divides assets, liabilities, and other financial resources between parties in a former relationship.
At Simple Separation, we're here to guide you and your partner towards a quick and friendly financial settlement at a fixed rate. We have three 3 mediation solutions to ensure your financial agreement is legally solid throughout. The right choice depends on your unique situation, and we recommend starting off with a free consultation.
Is Simple Separation Mediation right for me?
Balance Sheet
The first step is to help you with financial disclosure and the preparation of a Balance Sheet that incorporates all assets and liabilities to determine the net asset pool.
Separation Impending
In this package, whether you're in the early stages of contemplating separation or feeling uncertain about how to navigate the process, the Simple Separation team is here to lend a helping hand. Our mission is to empower you with the knowledge and guidance needed to prepare for a financial settlement. We'll equip you with essential information and extend legal advice to ensure you can make well-informed decisions as you embark on the journey to determine the best path for legally finalizing your separation.
How does our ‘Separation Impending’ service help make your separation legal?
01
Prepare
We establish a working balance sheet on our client property portal and prepare you for legal advice.
02
Legal advice and draft proposal
We collaborate with you to explore various proposals that align with your objectives, taking into account advice from your legal practitioner.
03
Invite your partner
We're here to assist you in figuring out the best steps to take as you work towards resolving things with your partner. We will detail the different options available.
Separation Assist
In the “Separation Assist” package, we offer guidance and mediation to couples as they navigate the financial separation process. Our objective is to assist you in achieving a "fair and equitable" property settlement. This is accomplished with the assistance of a Family Dispute Resolution Practitioner and independent third-party legal practitioners who bring their expertise to the process.
For further information, you can also read our blog on ‘How to achieve an amicable property settlement'.’
How does our ‘Separation Assist’ guided mediation service work?
01
Prepare
We establish a working balance sheet on our client property portal and prepare you for legal advice. Full financial disclosure is a crucial requirement during this process.
02
Model Proposals
We work individually with each party, considering various proposals that align with your objectives. Additionally, both parties receive independent legal advice to ensure a comprehensive understanding of the process and the proposals being discussed.
03
Mediate
We assist parties in identifying areas of agreement and disagreement between them and facilitate a respectful mediator-facilitated negotiation process.
04
Legalise
Your settlement agreement will undergo legal drafting, and you will need to review it with your assigned legal practitioner before signing. This ensures that the agreement is legally sound and aligns with your interests and rights.
Legally Assisted Mediation
In our "Legally Assisted" package, we offer advanced legal support, guidance, and mediation specifically designed for couples facing complex financial separations or situations with heightened conflict. Our aim is to assist you in achieving a "fair and equitable" property settlement, leveraging the expertise of a Family Dispute Resolution Practitioner and independent legal practitioners who play a crucial role in the process.
How does our "Legally Assisted Mediation’ service prepare you for settlement?
01
Prepare
We create a functional balance sheet on our client property portal, preparing you for legal counsel. Full financial transparency is a fundamental necessity throughout this procedure.
02
Legal advice & Model Proposals
We collaborate individually with each party, exploring diverse proposals that align with your goals and legal advice. Furthermore, both parties receive independent legal counsel to ensure a thorough grasp of the process and the proposals under consideration.
03
Legally Assisted - Mediation
We aid individuals in pinpointing common ground and areas of contention while fostering a constructive mediator-led negotiation process, supported by legal guidance for all parties involved.
04
Legalise
Your settlement agreement will undergo legal drafting, and it's important to review it with your designated legal practitioner before signing. This step ensures that the agreement is legally robust and fully aligned with your interests and rights.
Is Simple Separation right for me?
Book a FREE 30 minute consultation with us today!
FAQ’s
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A property agreement is a document that outlines how you and your former partner will distribute your property.
Advantages of negotiating a property settlement out of court include:
1. Cost-Efficiency: It reduces the expense of hiring lawyers and avoids a contentious court process.
2. Active Participation: You are actively involved in the process, avoiding a court-imposed decision.
3. Expedited Resolution: It often leads to a quicker resolution.
4. Minimal Emotional Impact: It tends to have a lower emotional toll, especially on children.
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Legally formalizing a settlement offers the following benefits:
Fair Division of Assets
Peace of Mind
Financial Independence from the Other Party
Legally Binding and Enforceable
Protection from Future Claims
Ability to Divide Superannuation
Potential Stamp Duty and Capital Gains Tax Relief
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Certainly! With Simple Separation, you have the option to pay for our affordable service upfront or opt for smaller payments spread over 3 months. Please note that there is no interest involved, but a $300 fee applies.
Why Choose Simple Separation?
01
Cost-effective and quicker pathway to separate. Our fixed pricing saves couples thousands in legal fees. (4 - 8 week average timeframe).
02
A guided & personalised service from start to finish, so you can separate with less stress and feel supported along the way.
03
A fair process that assists couples reach agreements respectfully with minimal conflict, in turn preserving the wellbeing of you and your family.
04
Accessible Australia-wide in country, rural and metro areas.
05
One-stop shop service offering a range of services from our preferred panel, of third party providers, eg Conveyancers, Estate planners, Family Law mediators and lawyers.
06
All legal advice and agreements provided by independent Family Law solicitors committed to preventing a lengthy legal battle.