Busting Divorce Myths: The Role of Salary in Property Settlement & Child Support

Has your ex just told you that they are the bread winner so therefore in the divorce they will get most of the property settlement? Has your ex just quit their job so they avoid paying child support? Has your ex downplayed your contributions in the marriage. Or are you just plain confused about what is considered in divorce when it comes to income/salary/wages. Well this episode is for you. Learn about how salary and earnings impact property division and child support in divorce proceedings. We aim to demystify the most common misconceptions floating around at the moment and put your mind at ease.  Join our insightful discussion around the concept of earnings, and let us shed light for you on how the courts assess both financial and non-financial contributions when dividing assets. Additionally, learn about the concept of "future needs," which encompasses various factors such as earnings, age, health, and childcare responsibilities.  By the end of the episode, listeners will gain valuable knowledge and a clearer understanding of how the court strives for equitable, rather than necessarily equal, distribution in divorce cases. Key Points: Debunking the myth that higher income guarantees a larger share of the property pool. Understanding how courts evaluate financial and non-financial contributions during property division. Exploring the concept of "future needs" and its significance in divorce settlements. Recognizing the court's aim for equitable distribution, considering various factors beyond income alone. Learning about the word "CAPACITY" and what it means in the court and what it means for CHILD SUPPORT & PROPERTY SETTLEMENT Listen to this episode if you want to: Gain clarity on how salary and earnings impact property settlement and child support. Understand the factors considered by courts when dividing assets in divorce cases. Learn about the concept of "future needs" and its role in achieving fair outcomes in divorce settlements. Learn about what to do if your ex quits their job to try not pay child support. For Full Show Notes, go to www.thedivorcecourse.com.au/blog For more support, visit www.thedivorcecourse.com.au Please note that this podcast provides general education only and is not legal advice. This is just one lawyer's opinion of the family court's views in Australia. Do not base your case on anything mentioned in this episode unless it is first discussed and approved by your personal lawyer. Always seek independent legal advice, as every situation is different. By listening to this show, you are agreeing that it and the company that runs it are not liable for the outcome of your case. Other Podcast Episodes Mentioned  Your Future Needs and how it affects your divorce and property settlement Part 3: Sorting your property settlement in divorce   How to divorce a statue: 7 tips to divorce an avoidant ex even if they stonewall you or disappear.   Surprising issues that are irrelevant in divorce & separation proceedings. So you can focus all your efforts on the things that your mediator, divorce lawyer or judge will actually care about.   Property Settlement: What is Fair?   Useful Resources: Click here for our free before you leave checklist  Click here for our free mediation checklist Sign up here for our next free online webinar   Emergency Contacts: WOMEN'S SHELTER SERVICE  LEGAL AID Lifeline 13 11 14 Mensline Australia 1300 789 978 Kids Help Line 1800 551 800 Aboriginal Family Domestic Violence Hotline 1800 019 123 Relationships Australia  Police on 000 DVConnect Womensline on 1800 811 811 (24 hours, 7 days a week) Note: This number is not recorded on your phone bill DV Connect Mensline on 1800 600 636 National DV line on 1800 737 732.1800RESPECT 1800 737 732   Don't forget to hit SUBSCRIBE so you don't miss out on our upcoming practical steps and guidance for your divorce or de facto separation. If you found this episode helpful, please leave a rating and a review to help others. Thank you.   Please note that this podcast provides general education only and is not legal advice. Always seek independent legal advice, as every situation is different.