Binding Financial Agreement Lawyers in Mackay: What You Need to Know Before Signing a BFA
A Binding Financial Agreement (BFA) can provide greater certainty about how property, financial resources and certain financial responsibilities may be dealt with if a relationship breaks down. However, preparing a BFA is not simply a matter of putting an agreement on paper and asking both people to sign it. Australian family law sets specific requirements for financial agreements, including requirements concerning independent legal advice and the circumstances in which an agreement may later be challenged or set aside. If you are getting married, entering a de facto relationship, already in a relationship, or considering how your financial affairs will be...
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