Binding Financial Agreements
A Binding Financial Agreement is an agreement between de facto or married couples which is made either before, during or after their relationship. They can also be known as pre-nuptial agreements.
These agreements can cover:
- Any Incidental Issues
- Financial Settlement
- Financial Support
For an agreement to be legally binding, each party must sign the agreement and have received independent legal and financial advice before signing.
We can provide you with legal advice about ways to formalise the agreement you have reached with your partner in relation to children and/or property. We have experience in drafting a wide range of Consent Orders and also Binding Financial Agreements pursuant to Part VIII of the Act to formalise any property agreements reached.
We can also provide you with advice on Binding Financial Agreements and the advantages and disadvantages of entering into these agreements both prior to entering into a marriage and after the cessation of a marriage (or a de facto relationship).