Published: 21 April 2024 Why you should get a pre-nuptial agreement. Contemplating marriage Two people who are contemplating marriage and would like to set out how their property and financial resources will be divided in the event of a breakdown of that marriage can enter into an agreement under s 90B of the Family Law […]
Category Archives: Family Law
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Published: 20 March 2024 Disclosure is indeed a crucial aspect of a legally binding financial agreement. In Australia, both parties involved in the agreement are required to provide full and transparent disclosure of their financial assets, liabilities, and any other relevant information. This transparency helps ensure that both parties have a complete understanding of each […]
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A Binding Financial Agreement (or ‘BFA’) is a private agreement between two people who are or have been in a relationship or marriage and wish to formalise their financial affairs. A BFA can be utilised before entering into a relationship or marriage, often called a ‘pre-nup’, to set out what each of the party has […]