Tag: Financial Agreements

A Property Settlement Agreement, more commonly referred to as a Binding Financial Agreement (BFA) in Australia, is a practical and effective method for officially documenting the distribution of assets and liabilities following the dissolution of a marriage or de facto relationship. This agreement enables a couple to outline their agreed terms for an equitable division […]

Family law settlements often envisage one partner buying out the other partner’s share of the family home or investment property.  This means that the Certificate of Title will need to be transferred into the sole name of the new owner (the transferee). There are 3 steps you need to do to complete the transfer. 1. […]

Usually, when transferring ownership of property you will attract a hefty stamp duty bill  –  even if you are simply taking one partner’s name off the Title. For example, an investment property in Parramatta, New South Wales (not the family home) is valued at $500,000. If is being transferred from the name of both spouses/de […]

We’ve all heard those love songs lyrics telling us, “I want somebody who will spend some time, baby don’t rush, we’ve got the time”. Well, who would have thought they were talking about a prenup agreement! If you’re contemplating a prenup or binding financial agreement before the wedding day then the best advice you will […]

This page shows the infographic of how our Legal Review Service allows you to obtain legal advice to make your financial agreement legally binding (start with our financial agreement kits). To read more about it – click here

This series of articles delves into Estate planning and how using a financial agreement as part of that plan financial agreements. Financial Agreements Making a Will What if I don’t have a Will? When should I review my Will? I made a Will prior to marriage.  Will my marriage affect my Will? Contesting a Will […]

It is often the case that a party who is thinking of making a Financial Agreement is reluctant to divulge their financial information to the other party. It is a requirement of the law that each party to a financial agreement must make full and honest disclosure of all material matters. Whether it be a […]

A Binding Financial Agreement, is a simple and convenient way to formalise the end of a marriage or a de facto relationship, at least from a financial perspective. It allows a couple to document what they think is a fair and reasonable property settlement instead of leaving that decision up to the courts. It’s not […]

So, you have decided to be the captain of your own destiny and enter into a Financial Agreement. Financial Agreements are a great way to record how a couple wish to deal with their assets in the event the relationship comes to an end. In the past, these types of Agreements were only available to […]

If a couple has decided to separate, there are many issues that need to be discussed and finalised, including the property settlement.  The same issues are relevant to both married and de facto couples (including same sex couples) who have separated. Division of property:  assets and liabilities In determining how assets and liabilities of the […]