Should I have a Binding Financial Agreement
I am only in a defacto relationship????
A Binding Financial Agreement (sometimes known as a “pre-nup”) is a private agreement that couples are able to enter into to deal with financial and property matters in the event of a relationship breakdown. It is wise to enter into a binding financial agreement to protect your financial and property.
A Binding Financial Agreement also commonly known as a Prenuptial agreement should be considered by all couples who are contemplating a de facto relationship, and can be done up before or during a de facto relationship. A Binding Financial Agreement is not about setting up your relationship to fail; it is about putting all the cards on the table and discussing issues to clarity any uncertainties.
Binding Financial Agreement whilst in a Defacto Relationship can be a necessity for certain situations such as:
You can purchase our Binding Financial Agreement for Defacto Relationships from Precedents Online
Table of contents
- Separate property.
- Joint property.
- During the de facto relationship.
- Separation.
- Division of property in the event of breakdown of the de facto relationship.
- Independent legal advice.
- Taxes.
- Claims for provision out of the estate of a deceased party.
- Notices.
- Governing law and jurisdiction.
- Further assurance.
Execution page.
ANNEXURE A..
ANNEXURE B..
ANNEXURE C..
Binding Financial Agreement for parties who are already in a defacto relationship. 14 pages long.