Legally Binding Prenuptial Agreements
Experienced family lawyers in Sydney drafting and preparing legally binding prenup agreements in accordance with the Family Law Act 1975.
For couples that enter into ade facto relationship or intend to enter into a marriage, a prenup agreement – or binding financial agreement (BFA) – is used to determine how assets, finances, and resources are divided between spouses in the event that the relationship ends.
In cases where the relationship has already ended, a prenup agreement may also be used to determine things like spousal maintenance and child support obligations.
Preparing a Prenup Agreement
Prenuptial agreements must outline each partners financial expenses, debts, belongings, and other important (and relevant) assets or liabilities.
When prepared correctly, a prenup will outline how you and your partner split assets such as property, as well as finances, and parenting responsibilities if the de facto relationship or marriage was to end.
Prenups must be fair, and they must be enforceable. In relationships where one spouse has significantly more assets – such is the case with business owners or those with family wealth – a prenuptial agreement helps to protect their professional practice and livelihood. In cases where one partner has children from a previous relationship, a prenup agreement may also help to protect the best interests of their children in the event of a split. Prenuptial agreements must be:
• Properly prepared in line with the Family Law Act 1975• Be enforceable and fair for both parties• The terms of the contract must be legal• Both parties must disclose all financial assets and liabilities• Both parties must agree to the prenup of their own free will• Both parties must receive independent financial advice before proceeding
Whether you are looking to prepare a prenuptial agreement, or require independent legal advice, our experienced prenuptial agreement lawyers in Sydney can provide legal guidance and advice.
We also advise on property settlement and financial agreements for de facto relationships.
Our Family Law Team
Chris was originally admitted as a solicitor in England & Wales and worked in London for an award winning and highly regarded firm established in 1881.
Tass is a specialist employment lawyer with over 30 years experience. He has been a solicitor, a barrister and an industrial advocate.
Rebecca Campbell
Rebecca is a Senior Lawyer practicing in commercial and civil litigation.
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