Case Studies

32 year old male - not married but defacto for 4 years, together 7 years

Both working earning over $80,000, no children. Assets including a house worth $1.2 million with debt of $300k, no significant other assets and both superannuation funds under $40,000.

The male believed he had contributed more and with no children and both employed made an offer of keeping 60% of the equity in the home and they both kept their respective superannuation funds, and cars. She rejected the offer and came back wanting 60% her way. Eventually he got 52.5% of the equity and gave her a small amount of her superannuation.

Fees we charged : $1,100

Lawyer fees: $1,500.

Other parties cost $16,500 legal fees.

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Scott Haywood is a financial adviser and director of WJ Haywood & Associates Pty Ltd ABN 11 005 304 861 Authorised Representative of InterPrac Financial Planning Pty Ltd ABN 14 076 093 680. Australian Financial Services Licence Number: 246638 Level 8, 525 Flinders St Melbourne Vic 3000 Ph: (03) 9209 9777. Click here for the Financial Services Guide.