Do I need to see a lawyer?
Yes, it is mandatory. Each party must obtain independent legal advice prior to signing a binding financial agreement. You also cannot use the same lawyer and should not use...
Read MoreWhen is a binding financial agreement legally binding and enforceable?
All types of financial agreements must comply with strict legal guidelines as outlined in the Family Law Act:
Read MoreWhat are the benefits of using a binding financial agreement?
A binding financial agreemen will save you both a lot of time, money and stress by:
Read MoreMinimum and fixed child support assessments
A fixed rate assessment sets the amount needed to be paid in a year for paying parents who: The fixed rate for child support starting on or after 1...
Read MoreWhat child support matters still go to court?
If a person is unhappy with an assessment or the decision of a registrar, generally, the first step in the process is to make an objection. Since 1 July...
Read MoreWhat are the different ways child support can be collected?
There are three ways in which child support may be collected: Self-management This is where parents arrange their child support payments without involving Services Australia. The parents agree on...
Read MoreCan parents reach an agreement in lieu of having an assessment?
Parents can enter into a child support agreement made by consent to provide child support rather than relying on the child support formula method. A formal child support agreement...
Read MoreWhat happens if I don’t agree with the child support assessment and want to change it?
If a parent does not agree to the assessment made by Services Australia, they can lodge an Application to Change your Assessment. To be successful, an applicant must demonstrate...
Read MoreWhat is the formula for calculating child support?
There is a basic 8 step formula for parents with only one child support assessment. This is the most commonly used formula. Work out the total amount of child...
Read MoreHow much time should both parents spend with the children?
If a parenting order provides that a child’s parents are to have equal shared parental responsibility for the child, we must: A child will be spending substantial and significant...
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