Parties have a 12-month time limit on filing for a property settlement after a divorce has been finalised, after which they need leave of the Court to file. Since property settlements are determined on the value of the shared asset pool on the day of settlement, rather than the day of separation or divorce, it is best ot wait until this 12-month time period has passed before investing in any new assets, because the ex may still be able to stake a claim on them in the meantime.