Project Description
Binding Financial Agreements
Before you get married or if you’re in a serious relationship you may want to enter into a binding financial agreement. This is also sometimes known as a prenuptial agreement. This agreement is binding under the Family Law Act.
For your financial agreement to be legal and binding there are several things that must happen. For example, you both have to make sure that you’ve received independent legal and financial advice before you sign the agreement. That’s why it’s important to speak to someone who knows family law and can make sure that you protect your assets.
As the only Accredited Specialist in Family Law in Fairfield, John has passed a series of detailed tests and assessments that confirm his knowledge of family law and how it applies in practice. Every year, he must also update his skills and knowledge in family law. He also has a Masters degree in Family Law. This means you can be assured that he is always capable and prepared to provide you with the best quality advice about your binding financial agreement in Western Sydney.
John and our local family lawyers can help you:
- Understand what property and assets should and shouldn’t be included in your financial agreement.
- Understand how a binding financial agreement can protect you.
Give you advice about your particular financial agreement.
- Negotiate a financial agreement on your behalf.
- Draft your financial agreement.
- Represent you if your financial agreement is in dispute.
Your Financial Agreement
A financial agreement outlines what you and your partner agree when it comes to your property and finances. Many couples choose to have a binding financial agreement instead of going to Court. Your binding financial agreement can include:
- How your property, finances and debts will be divided if or when your relationship ends.
- What happens to your superannuation.
- Whether one of you may be entitled to spousal maintenance.
- Whether either of you have any rights if the other person dies.
- If either of you will pay maintenance for your adult children.
- Any other things that may be relevant to your financial settlement.
Unlike a prenuptial agreement, a binding financial agreement isn’t something you do just before marriage. You can enter into a financial agreement at many different points in time including:
- When you’re thinking about getting married.
- When you’re thinking about moving in with your partner or entering a de facto relationship.
- While you’re married.
- While you’re living with someone or in a de facto relationship.
After you have got divorced.
After your de facto relationship ends.
“I would just like to thank you for your hard work and understanding during a very stressful time for myself.I cannot thank you enough for the work and advice you provided.My assault and stalking and intimidation charges were heard by the Magistrate at Liverpool Court yesterday, Tuesday 16th. I pleaded guilty to the assault with the stalking being dropped prior by way of representations made by you. The Magistrate seen through the bullshit supplied by the Police facts sheet and I am happy to say no conviction was recorded. He stated it was “a molehill turned into a mountain by police”.John I would just like to say your professionalism on both of my criminal and family law matters was outstanding. I would go so far as to say its the best service I have ever had. Keep up the good work!!!”
“I found John & Co lawyers to be there when I needed them. They were very quick to return my calls and emails which came about at random times. The team were very experienced and had high technical knowledge in family law that was required throughout the process. John will defend you and give you that encouragement to fight for your rights when you have lost all will power to defend yourself. John was very tough to stand up to the other side whilst achieving great results for my daughter and I. I highly recommend their services.”
“Highly recommend this law firm to anyone injured! John is the best personal injury lawyer. He is exceptionally knowledgeable in the law. He always kept me well informed and was readily available to answer all of my questions. John represented me for my workplace injury. From the very beginning I felt his genuine concern for my wellbeing and it showed throughout the case as he always returned my calls and explained the process step by step. My case settled in November 2018 for $690,000 clear in my hand. John & Co Lawyers gave me my life back, and for that I am forever grateful. John & his team are great lawyers, very professional and, made the process seamless for me.”
“I was absolutely astounded by the service provided by John and co lawers.
John went above and beyond to extend additional help with my case. Johns experience is second to none, His professionalism and sound advice was just what was needed. I would highly recommend his services to anyone with pressing family law matters. His warm personality made me feel like part of the family, as I could easily dissus any finer details with my case and he would take into consideration. If I have any cases in future he will be my first choice. Thanks again John your service is Highly appreciated. God bless you. 5 stars.”