Binding Financial
Agreement experts,
for when it’s time to
go separate ways.

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Binding Financial
Agreement experts,
for when it’s time to
go separate ways.

Binding Financial
Agreement experts,
for when it’s time to
go separate ways.

Family Lawyers Sydney

Binding Financial Agreements

Securing your future with a Binding Financial Agreement

Not every family law issue is a battle. Even if you and your ex-partner no longer share a life, you may still agree how to divide property and finances.

When an agreement is possible, a binding financial agreement (BFA) may be the ideal solution to achieving a separation now and protecting your interests in the future.

Making a BFA requires a lot of thought. You need it to accommodate your needs, both now and later on. If we could predict the future, this would be easy. But without magical powers, your next best choice is an affordable and experienced family lawyer, highly skilled in negotiating and drafting binding financial agreements..

You’ve come to the right place.

Our solicitors specialise in preparing and advising on BFAs.

Additionally, our law firm has been rated Top Three Best Family Lawyers in Sydney for 6 consecutive years now.

 

Rated top 3 best Family Lawyers in Sydney for 2017, 2018, 2019, 2020, 2021 and 2022.
Source: Threebestrated.com.au

Binding Financial Agreement
Best rated family lawyers certificate

What exactly is a Binding Financial Agreement

A binding financial agreement is a type of contract. You and your partner can make a BFA at any stage of your relationship:

• Before getting married (often, this is known as a prenuptial agreement, or a prenup)
• During your de facto relationship
• During your marriage (also known as a post-nuptial agreement)
• After separating or divorcing

Advantages of having a binding financial agreement

If you and your former partner make a binding financial agreement, you can avoid asking a family court to decide how to divide your property.

Court proceedings often cause tremendous stress to the parties involved. They’re also expensive. Usually, there’s a wait of many months (or years) before a court hears the case.

During that time, you’re living with the uncertainty of what your future holds.

BFAs often bypass the time, cost and stress of going to court.
Often, BFAs also have the advantage of:

• Allowing you and your partner to make your own decisions, rather than handing over control to a judge who doesn’t know you
Reducing conflict, which may make it easier for you and your partner to work together in the long-term, for the good of your children and any other issues
• Helping you move on with your life

Frequently Asked Questions

  • What does a binding financial agreement cover?
  • Is a binding financial agreement legally enforceable?
  • When should I make a binding financial agreement?
  • Do I have to see a lawyer to make a binding financial agreement?
  • Why do I need Independent Advice to make a binding financial agreement?
  • How much does a binding financial agreement cost?
  • What is the process for making binding financial agreements?
  • How long does it take to make a binding financial agreement?
Response within 30 minutes during business hours