By Dylan Williams, Family Law Solicitor.
A prenuptial agreement, known as a ‘binding financial agreement’ under the the Family Law Act, is an agreement with your partner to predetermine how your assets will be distributed in the event of the breakdown of your relationship.
It is important that you speak with one of our prenuptial agreement lawyers to ensure the agreement complies with the Family Law Act so as to ensure that there can be no challenge to the enforceability of the agreement.
You and your partner can enter into a binding financial agreement prior to the commencement of the marriage / de facto relationship, throughout the marriage / de facto relationship, or after you have separated and or divorced..
A prenuptial agreement lawyer can advise you that the benefit of a binding financial agreement is it can deal with all assets including superannuation, inheritances, trusts, businesses, investments, shares, debts and other liabilities. If you would like to look further into the benefits of a prenuptial agreement, please click here for further information.