Whether you’re considering entering into a same sex relationship or you’re already involved in one, when it comes to protecting your assets, under the Australian family law system the best way to do this is to enter into a binding financial agreement.
An agreement of this kind can be entered into at any stage of a relationship, whether it is before the relationship has commenced, during the relationship, or even after you’ve already gotten married. An agreement made prior to entering into a marriage is commonly known as a prenuptial agreement.
A binding financial agreement can be used to outline how specific property and assets may be treated and/or divided in the event the relationship does end.
A binding financial agreement is not necessarily 100% watertight – however, if drafted correctly by a family lawyer who is experienced in creating these kinds of agreements can give you the best chance of protecting your assets.
You can also arrange a consultation to discuss your unique circumstances with our property settlement family lawyers and they can advise you on the best course of action.