EASY STEP BY STEP PROCESS
1 SIGN UP FOR OUR FREE 14 DAY TRIAL
2 DROP IN YOUR DETAILS
3 TEST YOUR LIKELY OUTCOME
4 SUBSCRIBE & INVITE YOUR PARTNER
5 COLLABORATE & PRINT AGREEMENT
When you are ready to begin your first step is to compile all your financial information, known as your martial pool, so that you are prepared to use our toolkit. The pool includes all the assets and belongings that you and your ex-partner bought to, and accumulated, during your relationship together with any loans and expenses. If you have any children their details must also be entered with a proposal for how many nights they will spend with each partner during a year. SPLIT uses industry leading data protection to ensure your information is confidential and secure.
Once you and your ex partner have entered all your information into SPLIT and agreed on its accuracy, we use the same equations as a Judge in the Australian Family Court to calculate how your martial pool should be divided. SPLIT use smart technology to do this without a need for lawyers and outputs a precise percentage outcome based on your entered data.
The last step is for you and your ex partner to SPLIT the assets and liabilities of your pool using our template to achieve the percentage outcome. You may need to sell assets and or transfer liabilities to either party to achieve this. SPLIT gives you the interface to complete the process and prepares your Agreement based upon your agreed decisions. You are then ready to print your final SPLIT Agreement and have it countersigned by an officer from the Family Court or a legal representative.
WE EMPOWER YOU TO TAKE CONTROL
According to consumer surveys average fees for a standard lawyer directed divorce can range from $15,000 to $30,000 per spouse. Costs for a divorce that goes to Family Court vary, but often range from $80,000 to $200,000+ per couple.
At SPLIT a two-month subscription will cost as little as $498 for each partner. Most of our users complete the process in this time. Once completed you will have Agreement documents ready for execution by the Family Court or your legal representative.
Of course you can still choose to seek legal advice or mediation along the pathway and the information you enter into SPLIT will remain very useful to those practitioners. Using the SPLIT Do It Yourself templates for entering your martial pool is a very cost effective means of capturing and conveying information for your advisors and will help avoid fees.
FAIR DIVISION OF PROPERTY & ASSETS TEMPLATE
An adversarial divorce directed by legal practitioners results in unpredictable and costly outcomes. When it comes to dividing property, no one can tell you exactly what orders the Family Court could make. Often both partners complete the process without the outcome they desired.
A Do It Yourself divorce allows you to stay in control and agree with your ex-partner how you want the outcomes to take shape. SPLIT have developed a mathematical algorithm that utilises the Family Law Court criteria and applies it to your martial pool allowing you to divide your property exactly how you want it.
PARENTING PLAN TEMPLATE
You and your ex-partner need to make careful decisions about how your children will be parented.
SPLIT contains a comprehensive template checklist that allows a written Parenting Plan agreement to be created. The Plan details how time will be shared and records how decision-making will be undertaken.
The Plan is linked to the financial data so that the responsibilities for ongoing children’s expenses are accounted for. The Parenting Plan is part of the final Agreement document produced for you by SPLIT.
Once you have divided your assets and liabilities in the SPLIT tab between you and your ex-partner you create your final Agreement.
The Agreement is created in electronic word format so that you can make any final small changes for lodging with the Family Court or for execution by your legal representative. If you have children the Parenting Plan you created in SPLIT will be included inside the Agreement.
If you decide in the future that you want to update your Agreement you can renew your account and produce an updated version.