Layton and Layton

In the matter of *Layton and Layton*, heard by Judge Young, the dispute concerned the division of property between a husband and wife. The specific terms of the orders suggest a final resolution of their financial affairs following separation.

The court was required to determine the appropriate distribution of the parties' assets, including a lump sum payment, superannuation interests, and various other personal and financial assets. The orders also addressed the ownership of furniture, furnishings, personalty, chattels, jewellery, monies, motor vehicles, and any insurance or superannuation entitlements.

Judge Young ordered the husband to pay a lump sum of $103,165 to the wife within 90 days. The wife was also permitted to transfer her superannuation interest from a self-managed superannuation fund to another fund of her choice, with all other superannuation interests remaining unchanged. Furthermore, the court declared each party to be the sole and absolute owner of all other assets in their possession, including furniture, money, vehicles, and any other superannuation or insurance benefits, pursuant to section 78 of the *Family Law Act 1975* (Cth). The parties were granted liberty to apply to the court if necessary.