Binding Financial Agreement & Provisions of Family Law Act While binding financial agreement, Parties may wish to determine the ownership of their assets and liabilities whilst contemplating or living in a relationship (including same-sex relationships), contemplating entering into a marriage, during a marriage or after a divorce, may wish to set out terms in an agreement which determines how their property and liabilities should be determined should their relationship break down. Provisions in relation to Binding Financial Agreement came into...
Understanding Shared Parental Responsibility Shared parental responsibility is governed by the Family Law Act, which determines where children should live and how much time they should spend with each parent or other significant adults in their lives. This law, implemented in 2006, emphasises the need for both parents to consult and agree on major decisions affecting their children. Key Principles of the Legislation The legislation in Queensland outlines that: Parenting is a Shared Responsibility: The law generally requires parents to...
