A property settlement is one of the most important features of a separation/divorce in that it sets out how the assets of the relationship will be divided. Couples do not need to be formally divorced before reaching agreement on a property settlement, and de-facto couples can also reach a formal settlement under different legislation.
Property settlements are important because they are legally binding and clearly stipulate how the assets are to be split. Having a legally binding settlement reduces the risk of future disputes and uncertainty.
At Karen L Haga & Associates we can work with you to reach an agreement with your spouse, and then have the agreement formalised (either as Court Orders or a Binding Financial Agreement depending upon the circumstances).