However it is a sure sign of the strength and determination of your relationship when you can discuss the practical and unromantic aspects of your
relationship openly and honestly.
Should you ever separate, you can refer to your Financial Agreement and save yourself the stress, heartache and cost of settling property or maintenance matters within the Court system.
Drafting a Financial Agreement together whilst the relationship is strong is more likely to ensure a fairer outcome for both parties and allows you to avoid unnecessary bickering later on.
A Financial Agreement makes the painful process of separation less traumatic.
Recent changes to The Family Law in Australia have switched the regulation of relationships from the individual states, excluding Western Australia, to the Commonwealth.
This means that defacto relationships, both hetero and same sex now rest under the protective umbrella of the Family Law Act (Act).
Terminology has changed too – Cohabitation Agreements are now called Financial Agreements and are classified under particular sections of the Act.
There are two factors to consider when choosing the most appropriate Financial Agreement for your situation.
No – we intend to move in together soon – Get the Financial Agreement 90UB Kit Only $147.00
Yes we are living together – go to Cohabitation Agreements Living Together
These comprehensive Financial (Cohabitation) Agreement Kits have been drafted to comply with the relevent federal or state legislation. They give you all the guidance you need to create a legally binding, protective cohabitation agreement.
Your financial agreement kit includes a comprehensive manual that explains the law as it applies to this agreement. It will show you in simple terms how to thoroughly cover important legal requirements, and how to complete your agreement in detail. In addition, it contains alternative legal clauses and provisions you can use to personalise your agreement.
Important note: The Family Law Act requires each party to receive independent legal advice before signing the agreement. This prevents either party from arguing that, when signing the agreement, they
did not understand what they were agreeing to.
Our financial agreement review service allows you satisfy the legal advice component of your agreement at a fraction of the usual cost.
This video shows you how the Document Review Service works – Obtain the Legal Advice component of your Financial Agreement at a low fixed price.