Home sale proceeds investment before divorce

Hi All,
Hope you can help

My wife and I are seperated and planning on divorce.

We are planning on selling our home and splitting the proceeds down the middle.

If I take my half and invest them into my business does that mean when we come to actually divorce she would be entitled to a share of the business?

Or having sold the asset (our home) before divorce proceedings, does my investment not count towards our assets spilt once divorce is finalised?

Hi Grummble

Not an expert here, but having been through this very recently, your business is already an asset which will need to be considered in the financial settlement. In preparation for the financial arrangements you will both need to complete a form E which lists ALL or your assets. This includes businesses, jewellery, cars etc etc as well as property and savings.

You would be well advised to discuss this decision with either your solicitor, if you have one, or with the mediation service advisor if you are going down that route.

I see you are in Australia. Unfortunately most of us here don''t know much about Australian law so any advice you get is likely to be unreliable. You need to talk to a local lawyer, unless you are divorcing here.

Best wishes,
Sadie