Binding Financial Agreement

What is a Financial Agreement?

You’ve met your soul mate and your new relationship is under way.

It’s time to take the next step and move in together.

It could be that you’ve reached the other extreme – sad as it is, your relationship has ended.

You and you partner can enter into a Financial Agreement to set out clearly what you each want from your new relationship so that if it all doesn’t end happily ever after you each have a clearly defined path when dealing with your financial assets.

You can also enter into a Financial Agreement if your relationship is over.

Financial Agreements are a very practical legal method to protect your assets. This will give you and your partner peace of mind, security and confidence before, during and after your relationship.

Financial Agreements can be used whether you’re married, living in a de facto relationship with a partner of the same or opposite sex.

Pre-Nuptial and post-nuptial agreements were once only the stuff of celebrity couples. Not anymore. If you are concerned about protecting your hard earned assets, then a Financial Agreement might just be for you.

A Financial Agreement can help you retain control and ownership of your assets. Especially those assets you bring into a relationship. A Financial Agreement can also be used to make sure that the assets you bring into the relationship are protected and that any assets which you acquire during the relationship are dealt with fairly.

A Financial Agreement could well be the path to safeguarding your future.

Co-habitation or separation agreements are generally Financial Agreements.

Carefully drafted Financial Agreements, based on accurate figures and correct valuations make sure that any ambiguities are eliminated. Your lawyer will make sure that the terms of the Financial Agreement are clear, legally binding and will prevent future challenges to their validity.

Financial Agreements can be a complex minefield. They demand skilful preparation. Don’t risk drawing a Financial Agreement yourself. They are best left to lawyers, after all Lawyers spend lots of time training to keep their skills up to date for your protection and they are best able to navigate the legislative requirements for a well drafted Financial Agreement to ensure that it will be binding.

If this topic is about you – then contact your lawyer now to get things under way.