Tag: preparing a Binding Financial Agreement

Binding Financial Agreements (BFAs) in Australia, commonly referred to as prenuptial or postnuptial agreements, are legal documents that detail the division of assets, liabilities, and other financial matters in the event of a relationship breakdown or divorce. While BFAs are designed to provide clarity and certainty, ensuring that financial arrangements are enforceable in court, they come at a significant cost when done properly. There are several factors that contribute to the high expenses of preparing a Binding Financial Agreement in...