Financial Agreements are the most effective means of asset protection when entering into a de facto relationship or marriage. Financial Agreements allow couples to opt out of the Court’s jurisdiction to deal with financial matters (either in part or wholly).
Financial Agreement can be drafted to:
- isolate pre-relationship assets, future inheritances and/or gifts from family members;
- address future obligations for spousal maintenance; and/or
- provide for the division of all property, liabilities and financial resources of parties accumulated during a marriage or de facto relationship.
For these reasons, Financial Agreements can be particularly useful asset protection tool for matters relating to business succession and estate planning.
We can assist you with any query or advice you require relating to negotiating terms and drafting (or reviewing) a Financial Agreement prior to, during or at the conclusion of a marriage or de facto relationship.
We understand how important it is to carefully consider your position following the breakdown of a relationship. Our approach is personalised. We believe in tailored and regular communication with our clients regarding the progress of their matter and the implementation of effective strategies to enable our clients to move on with their lives.