Binding Financial agreements (also known as financial agreements) can be entered into before a couple commences cohabiting, while they are living together, before they are married (sometimes referred to as a “pre-nuptial” agreement) or after a relationship has ended.
It is important to be aware that the law sets out a number of requirements when entering into financial agreements, including a requirement for independent legal advice and mutual financial disclosure. There are also requirements regarding geography, time, and the qualitative aspects of a relationship that need to be taken into account. If a financial agreement is not drafted properly and formally entered into, it may not be legally binding.
If you require assistance with a Binding Financial Agreement (BFA), contact Family Lawyers – Claire Naidu & Co, Lawyers and Mediators.
Claire Naidu & Co has extensive expertise and experience in this complex area of law. They are discreet and able to provide confidential advice to suit your individual needs.
Contact Claire Naidu & Co, family lawyers and mediators. Click here for our contact details.