Binding Financial Agreement

Whether you are a same-sex or bisexual couple seeking well-defined outcomes of a property settlement, if you separate, consider talking to one of our lawyers about preparing a prenuptial agreement. We will guide you about the types of documents if you are unsure whether there may be complications in any of these documents due to the nature of your sexual or gender identity and if there have been any modifications before, during, or after your relationship.

Seeking legal advice is essential and a necessity of the law before entering into an arrangement. Within marriage and a de facto relationship, couples can prepare a binding financial agreement, either before, during or after the relationship or marriage.

These agreements can include a variety of matters:

• what happens in case a separation occurs,
• what happens daily, and
• what happens in the case of the death of a partner.

A mutual financial agreement is very much anticipated where there is an inconsistency in the couple’s financial situation. They are equally vital in other relationships, where both parties may have children they want to support financially. The advantage of a binding agreement is that if there are any discrepancies in a relationship, there are fewer chances for a disagreement about who gets what since that has already been arranged.