A Binding Financial Agreement (“BFA”) is more commonly referred to as a ‘prenuptial agreement’ or ‘prenup’, and is entered into by both married and de facto couples looking to protect their assets in the event the relationship breaks down. A BFA constitutes a binding agreement under the law between two people at any stage of their relationship. Its main purpose is to help the parties determine how they will split up their assets should the relationship come to an end, or if it has already done so.

Under the Family Law Act, there are certain legal requirements that must be followed for a BFA to be valid and enforceable. For example, the couple must fully disclose the extent of their assets, debts, and financial resources, and both parties will need to get independent legal advice about the consequences of entering a BFA. This is to ensure that both parties, independent of one another, understand the nature and consequences of entering such a document, and guarantees that one party has not influenced the other.

If you or your partner wish to protect your assets, and make sure they remain your assets if the relationship ends, fill out the form on this page. If you would prefer one of our team to contact you, simply leave your details and we can get back in touch.

If you are considering getting married or entering into a de facto relationship, then a BFA will provide you with asset protection. If you do not have a BFA, you could end up paying excessive legal costs that often arise from property settlement disputes, and potentially have to give up some of your asset base, too. A BFA helps to avoid this uncertainty and added expense, and allows both parties to move forward with a sense of financial security.

 

 

Make an Enquiry

  • We will be in touch shortly with a quote. By submitting this form you agree to receive emails from LegalVision and can unsubscribe at any time. See our full Privacy Policy.

Call Us On

1300 544 755

Mon-Fri: 9am to 6pm

Why LegalVision?

  • Cost Certainty

    We offer our clients certainty and transparency by providing fixed fees.

  • Responsive Timeframes

    We get back to you with a quote within two hours. We maximise efficiency and minimise delays by communicating with our clients on their terms and in a manner that suits them.

  • Specialist Lawyers

    Our trademark lawyers are intellectual property (IP) specialists who have successfully registered thousands of trade marks in Australia and overseas.

  • Fast Registration Process

    LegalVision takes a streamlined approach in delivering legal solutions. This means your trademark registration is processed efficiently through our systems.

  • Trademark Monitoring

    We offer trademark monitoring services to allow trademark owners to monitor their trademark and to investigate potential infringements.

  • Preliminary Search Work

    For every trademark we register, we conduct a comprehensive trademark search before lodging your application to ensure its success.

  • International Trademarking

    Our trademark specialists can apply on your behalf for international trade mark protection by filing national applications, directly in each country of interest.

  • Full Service Commercial Law Firm

    Our lawyers are all specialists in their given field, ensuring that you are assisted by a lawyer who is intimately familiar with the issues facing your business.

50,000 Australian Businesses Assisted
6,000 Valued Clients
3,800 Legal Articles

Get in Touch

Fill out the form below and a LegalVision team member will be in touch shortly!

Our Awards

  • NewLaw Firm of the Year – 2017 Australian Law Awards NewLaw Firm of the Year – 2017 Australian Law Awards
  • Customer Service Experience of the Year – 2017 Optus My Business Awards Customer Service Experience of the Year – 2017 Optus My Business Awards
  • Diversity Law Firm of the Year Finalist – 2017 Women in Law Awards Diversity Law Firm of the Year Finalist – 2017 Women in Law Awards
  • Employee Program of the Year Finalist – 2017 Australian Law Awards Employee Program of the Year Finalist – 2017 Australian Law Awards
  • Innovator of the Year – 2016 Australian Law Awards Innovator of the Year – 2016 Australian Law Awards
  • Professional Services Business of the Year – 2016 Optus MyBusiness Awards Professional Services Business of the Year – 2016 Optus My Business Awards