Binding Financial Agreements in De facto relationships – 100% Watertight or Not?

10 May
2022

Binding Financial Agreements in De facto relationships – 100% Watertight or Not?

Binding Financial Agreements in De facto relationships If you are in a de facto relationship and cohabitating with your partner, entering into Binding Financial Agreements is the only protection you can have ahead of time to safeguard the assets you “walked” into the relationship with. This is particularly important if…

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13 Dec
2021

Binding Financial Agreements & Will Drafting Essentials You Really Should Know About

Binding Financial Agreements & Will drafting essentials Will drafting is an important skill to possess as a junior solicitor. Unfortunately, you don’t always get the opportunity to refine your drafting skills in university which makes the leap into real-life practise particularly daunting.  The key question here is; what components are necessary to appropriately prepare wills as a…

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13 Sep
2021

Why Smart People Agree On Binding Financial Agreements Before Settling Down

What is Binding Financial Agreement? A Binding Financial Agreement is a private contract between two parties in which they are effectively finalising property settlement and spousal maintenance issues outside of the Court. Binding Financial Agreements can be entered into: Before marriage; During marriage; After divorce;  Before cohabitation; or During cohabitation.…

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11 May
2020

How To create a Airtight Binding Financial Agreements ? How Tight Is An Airtight BFA?

Preparing an Airtight Binding Financial Agreements Binding Financial Agreements (BFA), also referred to as “pre-nups” are created when two parties have made a fully informed decision to enter into a binding agreement. The creation of an Airtight Binding Financial Agreements requires the parties to disclose their financial position, provide reasonable…

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05 Jul
2017

Court Orders: How To Be A Responsible Shared Parent of Your Children?

How To Be A Responsible Shared Parent Shared parental responsibility: Where the children should live and how much time they should spend with the other parent or other significant adults in their lives are now subject to the Family Law Act.  This came into effect in 2006. The principals in…

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29 Jan
2017

Binding Financial Agreements: Are they worth the paper they are written on?

Are binding financial agreements help to improve Relations between two Parties in Australia? The answer is yes! Well if they are done properly anyway.  It is a common misconception that Binding Financial Agreements  / Prenuptial Agreements are simple contracts between two people that must be followed when the agreement comes…

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