Wallington & Spina (No 2) [2023] FedCFamC2F 1017
04/26/2024
Ages: Wallington (58), Spina (69)
Relationship: 5.5 years de facto
Children: None together, Wallington has 3 adult children, Spina has 2 children
Asset pool: $6,737,887
Division: Wallington 14.5%, Spina 85.5%
Wallington & Spina (No 2) [2023] FedCFamC2F 1017
Relationship Details
- Type: De facto
- Duration: Started cohabiting in late 2014, separated in May 2020, amounting to approximately 5.5 years.
- Ages at Judgment: Wife (Applicant) 58 years, Husband (Respondent) 69 years.
Children
- From this Relationship: None.
- From Previous Relationships:
- Husband has two children, Ms B and Ms C.
- Wife has three now-adult children.
Initial Financial Positions
-
Wife:
- Owned a property in Suburb O and a vehicle.
- Had credit card liabilities of about $20,000 and superannuation of $46,000.
- Worked as a health care worker with an income of about $50,000 per annum.
-
Husband:
- Owned properties at H Street, K Street, and F Street.
- Owned a business, multiple vehicles, shares, and savings.
Contributions During the Relationship
-
Financial Contributions:
- Husband managed the business and finances related to properties.
- Wife received a workers’ compensation payment and managed daily household expenses such as groceries and utilities.
-
Non-financial Contributions:
- Wife contributed significantly as a homemaker and in childcare for the husband's child, C.
- Participated in discussions and activities for property acquisitions and renovations.
Post-Separation Contributions and Actions
-
Financial and Non-financial Contributions:
- Wife continued covering rates for the F Street property until November 2020, lived there rent-free post-separation.
- Husband continued managing property-related financial issues and liabilities.
-
Dissipation & Property Adjustments:
- The husband sold investments and properties post-separation; proceeds were central to settlement considerations.
Current Financial Position & Property Pool
-
Wife:
- Income: Approximately $1,444 per week.
- Net assets including notional assets and superannuation: $577,714.
-
Husband:
- Income: Estimated weekly income from business and rental approximately $2,238.
- Holds significant assets, including inherited estate valued around $4 million.
- Net assets after liabilities: $6,160,173.
Assessment of Contributions and Future Needs
-
Contributions:
- Husband’s contributions assessed at 85.5%, wife's 14.5%.
- Relationship financial dynamics and significant initial contributions by the husband heavily considered.
-
Future Needs Considerations:
- Key factors include wife’s ongoing health issues and ability to work, balanced against equal opportunities provided to both parties in the division.
-
Division: Wife awarded 14.5% of net assets pool, considering homemaker contributions and impact of husband’s conduct.
Unique Aspects
- Family Violence: The wife's contributions deemed more arduous due to incidents of family violence, allowing for recognition under Kennon principles, impacting the assessment.
- Inheritance: Husband's inheritance was a considerable factor, heavily influencing asset distribution.
- Disclosure and Compliance: Issues of disclosure pervaded proceedings, impacting the final stance and decisions becoming a focal point in asset division.
Overall, the structure aims at achieving an equitable arrangement, recognizing all contributory factors and addressing inequalities exacerbated by relationship dynamics.
These summaries have been generated with the help of artificial intelligence.