Superannuation Legislation: Protecting your financial interests under Family Law

23 Sep
2020

Superannuation Legislation: Protecting your financial interests under Family Law

They are property issues and superannuation. Superannuation Legislation for many years was not property under the Family Law legislation and the Court had no power to deal with it although the Court, to overcome this difficulty, made an adjustment to a party’s interests and in some cases extreme adjustments to…

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11 May
2020

How To create a Airtight Binding Financial Agreements ? How Tight Is An Airtight BFA?

Preparing an Airtight Binding Financial Agreements Binding Financial Agreements (BFA), also referred to as “pre-nups” are created when two parties have made a fully informed decision to enter into a binding agreement. The creation of an Airtight Binding Financial Agreements requires the parties to disclose their financial position, provide reasonable…

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30 Jan
2020

Why You Need To Care About Family Law Binding Financial Agreements

[vc_row][vc_column][vc_column_text] What is a Financial Agreement and what is the purpose of Binding Financial Agreement? Parties may wish to determine the ownership of their assets and liabilities whilst contemplating or living in a relationship (including same sex relationships), contemplating entering into a marriage, during a marriage or after a divorce,…

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01 Nov
2019

Binding Financial Agreements

Also referred to as “pre-nups”, binding financial agreements are created between parties of a relationship or marriage to legally protect and allocate assets if the event the marriage ceases. Whilst many people believe planning for divorce before the marriage begins is controversial, a binding financial agreement is prudent estate planning,…

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29 Jan
2017

Binding Financial Agreement: Are they worth the paper they are written on?

Are binding financial agreement help to improve Relations between two Parties in Australia? The answer is yes! Well if they are done properly anyway.  It is a common misconception that Binding Financial Agreement  / Prenuptial Agreements are simple contracts between two people that must be followed when the agreement comes…

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