Family wealth deserves protection. A Financial Agreement (often called a binding Financial Agreement’) offers peace of mind by safeguarding your assets and creating clarity around financial arrangements.
Financial Agreements serve an essential purpose in modern relationships. They protect inherited wealth, family gifts, and personal assets while reducing potential disputes if separation occurs. Our clients often find these agreements particularly valuable for:
- Preserving family inheritance
- Protecting business interests
- Securing assets from previous relationships
- Creating financial certainty for blended families
Every relationship holds unique financial circumstances. Financial Agreements offer flexibility, allowing couples to create arrangements before marriage, during their relationship, or after separation. This adaptability ensures your agreement aligns perfectly with your family’s needs and timing preferences.
Let us help you understand how a Financial Agreement can protect what matters most. Our experienced team provides practical guidance, from initial discussions to finalising your agreement.
Understanding Financial Agreements
Family law offers practical solutions for protecting your financial future. A Financial Agreement provides a clear pathway for couples to arrange their financial matters outside the court system. It can extend beyond basic asset division to address spousal maintenance and other important financial considerations.
Tailored Solutions for Every Relationship
The law recognises different life stages require different approaches:
For Married Couples:
- Before marriage
- During marriage
- After divorce
For De Facto Partners:
- Before living together
- During the relationship
- After separation
Every family has unique circumstances. Financial Agreements offer the flexibility to create arrangements that truly reflect your needs.
Creating Your Financial Agreement
Family law matters deserve careful attention and expert guidance. The journey to creating your Financial Agreement involves several important steps, each designed to protect your interests and ensure legal validity.
Your Initial Discussion
The first step brings clarity to your unique situation. During this important meeting, we take time to understand:
- Your relationship circumstances
- Children’s needs and arrangements
- Professional and financial positions
- Existing assets and future plans
This careful assessment helps shape protection strategies perfectly suited to your family’s needs.
Crafting Your Agreement
Professional drafting ensures clear, detailed documents that reflect your specific wishes. We are focused on preparing tailored arrangements that truly protect your interests.
Independent Legal Support
Trust and understanding form the foundation of every valid Financial Agreement. Both parties must receive separate, independent legal advice covering:
✔ How the agreement affects your rights
✔ The advantages and disadvantages of entering into terms.
Each party needs their legal representative. Your solicitor provides written confirmation of the advice provided to you.
Peace of Mind Through Protection
Family wealth deserves thoughtful protection. A Binding Financial Agreement offers practical safeguards while preserving relationships with respect.
The content of this article is intended to provide general guidance to the subject matter and must not be relied on as legal advice. Specific advice should be sought about your circumstances.
