Tag: Financial Agreements

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 […]

Firstly – Download and Read the User’s Guide. It will answer lots of your questions and show how the right way to complete a financial agreement. We also recommend you send a copy to your partner / ex-partner. Todays tip covers the six fundamental principles of Contract Law… Now before you groan and give up – […]

Spousal maintenance is a support payment made to a partner who is unable to support his or herself after the parties have separated or divorced. Parties in a de facto relationship are also eligible to receive de facto partner maintenance, in circumstances where a de facto partner is unable to support themselves after the relationship […]

Spousal maintenance is the financial support provided to a party who is unable to adequately support themselves. Spousal maintenance does not apply automatically. A couple (either married or de facto) may agree to spousal maintenance being paid.  If so, then spousal maintenance can be formalised by inserting the appropriate provisions into your Binding Financial Agreement. […]

If you are making a Financial Agreement, you have a duty to make full and frank financial disclosure to the other party. This is generally achieved by completing the Schedules attached to the Financial Agreement, in which both parties specify their assets and liabilities, as at the date the Agreement is made. Why do I […]

Our customers often ask us “why do I need legal advice” for my financial agreement to become legally binding?. Ian explains why it’s necessary in this video. Transcript Hi, Ian here from RP Emery. I’m often asked by my customers when entering into a binding financial agreement, why do I need to get legal advice? […]