Katherine Stavrou

speaker

221 appearances 1 recordings 1 series first heard Feb 2022 last heard Feb 2022

Katherine Stavrou’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

Australian Finance Podcast · Prenups & de facto relationships | Family Law Barrister · 24 Feb 2022 podcast

I mean, it's really important for people to know in a family law context that

what's part of the property pool, focusing more so on family now.

You're looking at what an asset is.

So you're looking at anything that is property of the relationship, whether it be tangible or intangible, regardless of whose name the property is held in.

If it's got a value, then it's identified as an asset of the relationship.

And similarly, with the liability of the relationship, which is a type of debt or financial burden,

or responsibility of the relationship that's classified as a liability too.

And, you know, things that form part of the asset pool are things like real estate ownership, whether it's held solely or jointly with somebody, motor vehicles, furniture and personal effects.

Even when you go on to have collectibles and artwork and jewellery, they're all important assets of the relationship because they may have a significant value.

And then, of course, you've got superannuation.

which, of course, a lot of parties do have significant balances and it's important to mention that it is an asset of the relationship too.

Oh, it's a good question.

So generally speaking, it does.

It depends on whether or not the debt was accumulated during the relationship.

So you hear different stories of couples who have accumulated a debt without the other party knowing.

And then it's arguable that that debt may not be a debt of the relationship.

It may be one party's debt, which they then take as part of the separation.

But obviously every situation is so different, Kate, that it's really hard to say whether or not that debt is, more often we could say that it is a joint debt.

But it's obviously a different situation on a case-by-case basis, as we say.

Of course, yeah, that's right.

Showing 41–60 of 221 · page 3 of 12