FEDERAL MAGISTRATES COURT OF AUSTRALIA
| MACIEL & MACIEL | [2007] FMCAfam 262 |
| FAMILY LAW – Property settlement – contributions – US Military pension received during relationship – future financial resource – US Military Pension and US Social Security to be received post separation – whether splittable – how to adjust for overseas entitlements. |
| Family Law Act 1975 (Cth) |
| C & C (2005) FCAFC 429 Gould (1996) FLC 92-657 FHL v EHL (2006) FAMCA 1287 D J v A J (2006) FCAFC 961 Doolan (unreported FCA 20/11/03) Hickey (2003) FLC 93-143 Buckby (unreported FCA 15/09/06) |
| Applicant: | MR MACIEL |
| Respondent: | MS MACIEL |
| File Number: | BRM2534 of 2006 |
| Judgment of: | Baumann FM |
| Hearing date: | 13 December 2006 |
| Delivered at: | Brisbane |
| Delivered on: | 6 March 2007 |
REPRESENTATION
| Counsel for the Applicant: | Ms Carew |
| Solicitors for the Applicant: | Wheldon & Associates |
| Counsel for the Respondent: | Mr Waterman |
| Solicitors for the Respondent: | Harrington Family Lawyers |
THE COURT ORDERS:
That the amount held in the Trust Account of MP in the sum of $369,035.85 be paid:-
The applicant Husband ,$115,708.43
The respondent Wife, $253,327.41
That the parties shall close the joint bank account held with Suncorp and the balance of the account shall be paid to the husband.
That save and except for the provisions of orders 1 and 2 hereof each party is to retain for their sole use and benefit absolutely all other property and financial resources, held in their sole name or possession as at the date hereof, and without limiting the generality thereof, the Husband shall retain his bank accounts, the Mitsubishi motor vehicle, accrued work benefits, his superannuation account, furnishings and his entitlements from the United States to a Service Pension and Social Security Pension, and the wife shall be entitled to her bank accounts, Peugeot motor vehicle, accrued work benefits, superannuation account and furnishings.
That each party is to be solely responsible for any debt in their sole name.
That any application for costs should be made in writing and filed and served within 14 days. The respondent to any costs application shall file and serve written submissions and response within 7 days of service. Any written submission in reply shall be filed and served within a further 7 days.
THE COURT NOTES:
That for the purposes of this order, the pool of assets adopted by the parties is:-
Husband’s Superannuation account $224,811.00
Wife’s Superannuation account $162,863.00
Net Sale proceeds of former Matrimonial home holding the Trust Account of MP $369,035.85
TOTAL $756,709.85.
IT IS NOTED that publication of this judgment under the pseudonym Maciel & Maciel is approved pursuant to s.121(9)(g) of the Family Law Act 1975 (Cth).
| FEDERAL MAGISTRATES COURT OF AUSTRALIA AT BRISBANE |
BRM 2534 of 2006
| MR MACIEL |
Applicant
And
| MS MACIEL |
Respondent
REASONS FOR JUDGMENT
(Settled from Reasons delivered orally)
Introduction
After a marriage of over 25 years, the applicant husband, Mr Maciel (now aged 63) and the respondent wife, Ms Maciel (now aged 49) are unable to agree on how the pool of property they amassed…
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- AGLC
- Maciel and Maciel [2007] FMCAfam 262
- Case
- [2007] FMCAfam 262
- Decision Date
CaseChat Overview and Summary
The Court held that the US Navy pension and the future Social Security benefit were financial resources that needed to be considered when determining the just and equitable division of the parties' property. The Court acknowledged that the husband's pension was a direct financial contribution during the marriage, and it should be valued as a financial resource under the Family Law Act. However, the Court found that the husband's contributions, including his salary and the pension, provided a significant benefit to the family during the marriage. In assessing the contributions, the Court determined that the husband's contributions were greater than those of the wife, but not to an extent that would warrant a substantial adjustment in his favour. The Court also considered the s.75(2) factors, particularly the husband's future financial resources, and made an adjustment of 10% in favour of the wife to account for these benefits.
Ultimately, the Court ordered that the pool of assets, including the net proceeds of the sale of the matrimonial home, the husband's and wife's superannuation accounts, and other personal property, be divided between the parties. The husband was awarded 45% of the total pool, and the wife was awarded 55%. This resulted in the husband receiving the majority of his superannuation and the wife receiving the majority of the sale proceeds of the matrimonial home. The Court considered this division to be just and equitable, taking into account the husband's imminent retirement and the wife's ability to increase her superannuation through employment.
Orders
Orders of the court
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Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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