Considering A Binding Financial Agreement?
Ensure Your Happily-Ever-After, Together Or Apart.
No one enters a relationship expecting it to end, but sometimes they do, by choice or circumstance. If the unexpected happens, wouldn’t you like to decide your own settlement, rather than have one imposed on you? Our family lawyers in Melbourne can you help you set up a binding financial agreement.
A Binding Financial Agreement enables a couple (married or de facto) to decide for themselves, without an appearance in court, how they will divide their assets. It can be entered into at any stage of a relationship – before (commonly known as a pre-nup), during (often due to a change in circumstance), or after (property settlement following separation).
Binding Financial Agreements allow couples maximum flexibility in determining an arrangement that suits them and their unique circumstances. Courts, on the other hand, are obligated to deliver equitable settlements and yet fail to best meet the needs of each individual couple.
By coming to your own agreement, you can avoid the uncertainty, cost, stress, and delay of a court settlement. In order for the agreement to be valid, each party must provide full disclosure of their financial circumstances and seek – independently – the advice of family lawyers in Melbourne.
It’s a small investment towards your future happiness.
Lawyer & Senior Associate