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Divorce Lawyer Parramatta explains the Requirements for a Binding Prenuptial Agreement

Why it is important to speak to a divorce lawyer Parramatta

When formulating a Binding Financial Agreement, commonly known as a prenuptial agreement,  there is no requirement for Court approval and only independent legal advice is necessary in the execution of the prenuptial agreement. It is advised that you speak to a specialist divorce lawyer Parramatta who is well informed of the particular compliance criteria for a binding agreement to be formed.

Prenuptial agreements are very complicated and require strict compliance with legislation for the agreement to be valid. Appropriate legal advice from a divorce lawyer Parramatta is vital, as in the event that parties do separate and wish to enforce the agreement, the Court has the power to set it aside as invalid and unenforceable if it was not properly executed in accordance with certain criteria.

Requirements

A prenuptial agreement is binding on the parties to the Agreement if, and only if:

  1. The prenuptial agreement is signed by both parties.
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Family Law Lawyers and Mediation

For most of those dealing with their family law matter through the Court system, it becomes apparent very quickly that you might be in this for the long haul and it won’t be cheap. With a currently under resourced Family Court, the excessive delays no doubt add to the stress of separating couples who want nothing more than to be able to move on with their lives. So, what else can you do to try and take back control of your future? Well there are many alternatives but a cheaper and often underestimated option is Mediation. Family law lawyers are able to assess your particular situation and advise whether mediation is suitable in your circumstances.

What is Mediation?

It is a voluntary process facilitated by a neutral third party (the Mediator) where you and the other party can have confidential discussions in trying to resolve your matter. The Family Law Mediator will navigate the process and assist you in sorting through your issues in dispute, generating options for resolution and how you might go about finalising any agreement that is reached. Family law lawyers may also attend with you if you so wish, allowing you to get tailored advice as different options surface through the discussions. If you are not comfortable with being in the same room as the other party, participating in shuttle mediation where the mediator goes between rooms can also provide you with the same benefits. So why should you try it?

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Legal Agents & Agency Work

Matthews Folbigg Lawyers provide agency work services and can act as your legal agents for all matters in Parramatta.

We are located within close proximity to the Parramatta Court Precinct and are able to act as your agent with short notice. We pride ourselves with the knowledge and extensive experience with the courts in Parramatta where we appear regularly. You can be confident that our solicitors will achieve the desired result for you at competitive rates. We also understand you need to report to your client in a timely manner, therefore we endeavour reporting to you on the same day of the court appearance either in writing or by phone.

We can attend the following Courts as your agent:

  • Local Court (Criminal and Civil)
  • District Court (Criminal and Civil)
  • Family Court

We can attend to the following:

  • Attendance at interlocutory hearings, Notice of Motions, Pre-trial Reviews, Call overs, Status Conference, Pre-trial Conference or Directions Hearings;
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Separation Lawyer advice for Parenting after Divorce

Separating from your partner is often a difficult thing to go through and how both parties choose to handle that separation can determine how well your children adjust to the new situation. It is not uncommon for children to find a way to blame themselves for the separation despite every intention a parent might have to prevent this. Making a conscious effort to minimise the difficulties faced by children in the aftermath of separation can make all the difference.  Speaking to a separation lawyer at the onset of the split may be beneficial in providing you guidance for parenting after divorce, and allow you to set up a positive routine for your children from the start, which will hopefully extend throughout the remainder of the proceedings.

Some suggestions from the perspective of a Separation Lawyer to consider when coming up with parenting arrangements for your family:

1. Introducing Change Gradually

At separation, children find themselves in circumstances where they need to try to cope with many changes and quickly. This might be in the form of changes to where they live, go to school and spending separate time with each of their parents and extended family. In these circumstances, adhering to a similar routine as before might really help with the transition. For example, working together with the other parent so that children can attend the same school, extra-curricular activities and spend time with their friends as they did before can offer some stability and better equip them to deal with the other changes. Things like introducing new partners or relocating to another area may be responded to more positively if exposed in a more gradual fashion.

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Wedding bells and preparations may be underway, but do you know the law if things don’t work out the way you planned? A Marriage Lawyer can help.

Have you thought about what could happen if you separate down the track but you aren’t sure whether to raise this with your partner or whether you should get advice from a professional?

Getting married is a special and exciting time for both parties. The lead up is usually filled with planning the wedding and making decisions about your future together. Naturally, separation and divorce may be the last thing on your mind during this time.

Should I speak with a Marriage Lawyer?

Ask yourself:

  • Are you thinking about getting married?
  • Thinking about speaking with a Marriage Lawyer?
  • Do you have assets you wish to protect?
  • Want to understand what may happen if you separate down the track?

If the answer is yes, then you can make enquiries by speaking with a Marriage Lawyer.

Why should I speak with a Marriage Lawyer?

It is useful to know where you stand before making one of the biggest decisions in your personal life.

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Child Support Lawyers Advice – Changing Child Support Agreements

When making child support decisions, separating parents have the choice of applying to the Department of Human Services (DHS) for an administrative assessment, or they can make a private agreement between themselves with the assistance of their child support lawyers. But what happens if a party disagrees with the assessment; or if a party wishes to alter an assessment due to change of circumstances?

Appealing a administrative assessment made by the DHS

If you do not agree with an assessment made by the DHS, you may be able to make an objection. Objecting to a decision takes the form of a formal review.

Some of the reasons you may wish to object may include:

  • Use of wrong or out dated information
  • Not all the facts have been considered or important details neglected
  • The law has not been applied correctly

If you decide to object to a decision (other than decisions about care percentage) you must:

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Divorce Lawyers

It’s fair to say that divorce is almost always a traumatic event in one’s life. The stress and emotions that are associated with divorce often make people overlook important long-term practical and legal issues that can have a significant effect. Therefore, it is always recommended to seek legal advice when you are considering getting a divorce to obtain an overview of your legal rights and any potential legal issues. Our divorce lawyers at Matthews Folbigg Lawyers can assist in helping you through the traumatic process of a divorce to meet your divorce needs.

When can I divorce?

You cannot apply for a divorce until you have been separated for 12 months. All that needs to be proved is that there has been an irretrievable breakdown of the marriage which divorce lawyers can establish by evidence of you having lived separately and apart from your partner for a continuous period of 12 months before the filing of the divorce application. This can include separation “under the one roof” in some circumstances.

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Binding Financial Agreements

What is a prenuptial agreement?

Binding Financial Agreements (BFAs) as they are known in Australia are made before marriage and are designed to protect your assets. If such an agreement is entered into, it may exclude assets in the agreement from the asset pool of both spouses, provided that the agreement has been drafted correctly.

Who should get a Binding Financial Agreement?

A BFA can be made by couples before they get married. They are particularly useful in second marriages, where both spouses have children from previous relationships. Spouses may wish to enter into these agreements to ensure that certain assets brought to the second marriage will pass to their children of a previous relationship. A BFA is also useful in cases where one spouse has considerably more assets than their partner (including businesses, farms, inheritance, gift, lottery wins or other financial assets they want to keep if the relationship should fail). BFAs are complex and can in some circumstances be successfully challenged in Court. We can assist in identifying whether the option is best for your family circumstances.

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