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.
A prenuptial agreement is binding on the parties to the Agreement if, and only if:
- The prenuptial agreement is signed by both parties.