Binding Financial Agreements

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At Fair Family Law, we offer comprehensive services related to Binding Financial Agreements ("BFAs"). This includes:

  • Consultation: We provide initial consultations to understand your unique situation and advise on the suitability of a BFA.
  • Drafting and Review: Our experienced lawyers can draft a BFA tailored to your needs or review existing agreements to ensure they meet legal standards.
  • Legal Advice: We offer independent legal advice, a mandatory requirement for BFAs to be binding.
  • Negotiation Support: Our team can assist in negotiating terms that are fair and equitable for all parties involved.

We understand the importance of protecting your financial interests and aim to provide clear and practical legal guidance throughout the process.

Independent Legal Advice

Under Australian family law, a Binding Financial Agreement (BFA) is a legally enforceable contract that outlines how a couple's assets, liabilities, and financial resources will be divided in the event of separation or divorce. To ensure the validity and enforceability of a BFA, the Family Law Act 1975 mandates that each party must receive independent legal advice before signing the agreement.

Without proper independent legal advice, a BFA may be deemed invalid or unenforceable by the courts.

We offer a fixed-fee service of $1,760 (including GST) to review a Binding Financial Agreements (BFAs) and provide the required Certificate of Independent Legal Advice. This ensures that your BFA complies with the Family Law Act 1975 and is legally enforceable, providing you with clarity and peace of mind.

Our fixed-fee structure allows you to budget confidently, knowing there are no unexpected costs.

Contact us regarding our 'Binding Financial Agreements' Legal Services