Family Law
Financial Agreements Done Properly
A binding financial agreement sets out how property and financial matters will be dealt with if a relationship ends. Palm Law Group provides careful drafting and clear advice so you understand exactly what you are signing.
Whether you are planning ahead or formalising a settlement after separation, we make sure the agreement is done properly and suits your circumstances.
Overview
Carefully drafted binding financial agreements, before, during or after a relationship.
Related: Property Settlements, Divorce & Separation
Understanding Your Financial Position
A financial agreement should be based on a clear understanding of each person’s financial position, including assets, liabilities, income, property interests, superannuation and future obligations. We help you understand what information may be required and how the agreement may affect you.
Independent Legal Advice
For a financial agreement to be binding, each party must receive independent legal advice. We explain the terms, risks and practical effect of the agreement so you can make an informed decision before signing.
Financial agreements may be used for:
Binding financial agreements
Pre-nuptial agreements
Post-separation agreements
Reviewing proposed agreements
Providing independent legal advice
Clarifying property, asset and financial arrangements
Drafting, Reviewing And Finalising
Palm Law Group can assist with preparing, reviewing and advising on financial agreements. Our focus is on clear drafting, practical advice and ensuring you understand what the agreement means before it is finalised.
Helping Protect Your Financial Position
The agreement should reflect your circumstances, your financial position and the decisions you are making. We help identify key considerations, explain potential risks and provide advice before you commit to the terms.
When You May Need A Financial Agreement
You may need a financial agreement if you are entering a relationship, planning marriage, protecting personal or business assets, formalising a separation agreement, or seeking clarity around future financial arrangements.
Financial agreements can help reduce uncertainty by setting out how financial matters will be dealt with. They can be useful for couples entering a relationship, people already in a relationship, or parties who have separated and want to formalise an agreement without unnecessary conflict.
Palm Law Group offers clear, practical and fixed-fee support for financial agreement matters where available. You will know the scope of work and costs before we begin, so you can move forward with clarity.
Related Services
Binding Financial Agreements
Properly drafted BFAs that set out how property will be dealt with if the relationship ends.
Pre-Nuptial Agreements
Practical pre-nuptial agreements that protect both parties without souring the occasion.
Post-Separation Agreements
Formalising your property settlement through a financial agreement after separation.
Frequently Asked Questions
Are binding financial agreements legally enforceable?
Can we make an agreement after we have already separated?
Do both of us need our own lawyer?
Book a free consultation with Palm Law Group. We will listen, explain your options in plain English and give you a clear picture of costs before anything begins.