In the well known case of Fields and Smith [2015] FamCAFC 57 a Trial Judge’s decision to award a husband 60% of a property pool worth between $30 million and $39 million was overturned.
In that case, the Full Court determined that the Trial Judge had erred in awarding an adjustment to the husband for what the Trial Judge had considered to be his “ingenuity and stewardship” of the family construction business.
The Full Court allowed the wife’s appeal and determined that the couple should share their assets equally at the end of their long marriage.
At Tosh Colls Family Lawyers we have extensive experience across a broad range of property settlement matters and we will be able to guide you and advise you as to the likely range of your entitlements under the Family Law Act and the Orders that a Court may be inclined to make in your particular circumstances.
Contact us today for tailored, compassionate advice and take the first step toward securing your future.