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Divorce and Relationship Property

Ending a relationship regardless of whether you are married or in a de facto relationship will be a distressing and possibly a lengthy process.  When you have relationship property which was acquired prior to and/or during the relationship, the fair distribution of this property can make the process much more difficult.  Find out more on how we can help.

DIVORCE

To formally end a marriage or civil union in New Zealand, an application for an order dissolving your marriage can be made after two years of separation.  This application must be made to the Family Court.  The application can be made by one or both parties, we can advise you on which application is best for you given your personal circumstances.

 

An application for dissolution only dissolves a marriage or civil union between you and your former spouse.  The dissolution application does not settle other aspects of your relationship such as what happens with the assets you both acquired jointly or separately during your relationship and what arrangements are in place for care and contact with your children. Ultimately, you will enter into a formal agreement recording any agreements reached with your former spouse. This may require some negotiation, mediation, or possible Court intervention to assist in reaching agreement.

 

We can advise you on how best to proceed with your separation.  Should you encounter any problems then we can represent you and assist you to promptly resolve those problems.

relationship property

RELATIONSHIP PROPERTY and Contracting Out agreements or Pre-Nups

Property in relationships can include the family home, chattels, vehicles, bank accounts, kiwisaver and shares or investments.  Should you and your partner decide to separate, amicably or acrimoniously, the division of these properties accumulated prior and/or during the course of the relationship will need to be identified and attributed to someone.  The Property (Relationships) Act 1976 determines how relationship property is divided in the event of separation or death of spouses.  It is important you construct sound relationship property agreements that record the arrangements agreed between the two of you to protect your investments from the beginning of your relationship.  This can ensure your property remains yours in the event of litigation.  

 

Relationship Property Agreements are entered into sometimes at the commencement of a relationship or during a relationship. This type of Agreement is commonly referred to as a Contracting-out agreement. This type of agreement records what will happen to your separate property and joint property in the event of a separation. We encourage parties to review these agreements once every three years and to record any changes to the status or agreement of your separate or joint property. Taking the time to reach agreement over what property you want to retain as your separate property can save you thousands of dollars in legal expenses and less stress if your relationship comes to an end.

 

 In the event of a relationship or marriage breakdown the Contracting-out Agreement or ‘pre-nup’ becomes the document by which the basis of negotiations of how property and assets is distributed between the two separating parties is determined.  A Trust can also be established to protect property assets from future dispute in relationship breakdowns.  

 

We provide specialised legal services in the preparation of all relationship property Agreements and will represent you in the event of a dispute should your relationship end and you cannot reach agreement with your former spouse.

 

Phone:
0800 BYTALUS
0800 2982587

09 481 0688

Fax: 09 480 8805

 

Hamilton Office:

Phone: 07 853 2288

Address: B3/99 Greenwood St, Frankton