Partners often wish to maintain control over their own finances, businesses, houses or investments. Putting a written agreement in place that determines in advance what's yours, mine and ours reduces the possibility of such issues becoming the cause of a relationship breakdown and can actually strengthen the relationship.
You can use a prenup to quarantine the debts of one party so that the other party is not held responsible for it at a future time.
If you are entering into a second or subsequent marriage with children from a previous relationship, it's quite common to have concerns for the preservation of family property. As part of a sound estate plan, a financial agreement can provide the peace of mind that accumulated wealth will be quarantined and passed on to your children in the event of separation or death.
Getting married soon? It is inadvisable to enter a prenuptial agreement within two weeks of your wedding. You won’t find this warning anywhere in the Act, it’s just something our lawyers believe could go to proving undue influence.
If you are running out of time and cannot formalise the prenup before the big day then you can always make a postnuptial agreement after the wedding which will work just as effectively as a prenup.
This Financial Agreement kit has been drafted in accordance with section 90B of the Family Law Act 1975, and includes all the guidance you need to create a legally binding financial agreement.
If you’ve already done your homework you will know that instructing a lawyer to draft an agreement for you from scratch could cost you literally thousands of dollars.
By the time you add up multiple visits to your lawyers office at over $350.00 per hour plus the time off work and travelling, it doesn’t take long to see where your money goes.
We understand that most people can’t afford to fork out thousands of dollars to finalise a property settlement.
Every dollar you save in legal fees is a dollar you keep.
You can get started right now with our binding financial agreement kit. Order Today