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Assets

Assets can refer to any item of significant value owned in the relationship.

Some of the most common are family homes, investment properties, shares, savings, vehicles, businesses, inheritances, family trusts and cryptocurrency.

Assets are many and varied and can even include items of sentimental value (for example, cemetery plots, photographs, memorabilia and pets.)

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Total Assets

$0.00

Liabilities

Liabilities must also be considered. This one is easy to overlook, but it’s just as important to establish any debts and liabilities that affect the financial pool.

Who should be responsible for the HECS debt one partner brought to the relationship? Or the credit card debt one partner accrued during the partnership? These are very important questions.

Common liabilities include personal loans, home loans, investment loans, car loans, credit card debt, business overdrafts, business loans, and HELP/HECS debt.

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Total Liabilities

$0.00

Total Net Assets

$0.00

Superannuation

Superannuation is often a substantial asset in a relationship. It’s also a complex one that is governed by additional laws and can’t simply be converted to cash and divided in a financial settlement. Instead, a plan must be made for how it will be managed until retirement.

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Total Superannuation

$0.00

Total Superannuation & Net Assets

$0.00
$0.00
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  • $
$0.00
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To save your calculation, print this page as a PDF.

Disclaimer: This calculator is indicative only. Your separation process may differ.

 

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