Financial Agreement Testimonials

"we agreed to do a prenup but the cost was out of reach until we found your prenup financial agreement kit. You saved us a fortune, thank you"
"I didnt realise that completing legal documentation could be that easy. I wanted the security of the legal framework without the expense.”
“Excellent material, first class product, will save us a fortune in legal fees”
Anton Hearn (prenup)
“The contract we downloaded met our needs at a fraction of the cost of using a lawyer. We were able to tailor it to our exact requirements. The process was very easy and your customer service and follow-up emails excellent. We felt that you really care about your customers.”
Cassandra N. Vaucluse nsw
“As a graduate of the University of Canberra Masters of Legal Studies I found that the product that you supply of great benefit and would be more than happy for you to use me as a testimonial”
J Boland Sandstone Point QLD
“It took all the hassle out of it. I thought it would be harder to do it myself but it was all self explanatory. The email and downloads were quick and there was no waiting around”
“We have had other legal documents before and found them confusing. This was easy to do for both parties and gives us peace of mind that all is covered.”
Rodney P. Hawthorn Vic
“Thanks for your prompt response, also for the way you have responded, if all organisations handled customer queries as quickly and efficiently as you have, we would all be better off. Many thanks”
Richard Franks
Awesome service loved it and this email takes you from magic into legend ...wow, full respect!! ;) Thanks!
Paul
“You have an impressive service here – it’s firmly in my web favourites.”
Paul
Simple and Seamless, the document required only minimum of amendments. Much better than an alternative several thousand dollar spend with lawyers.
Dennis B. Vaucluse NSW
“Thanks for your follow up. The entire process was easy and documents accurate and complete. Again, thank you for offering your assurances.
Kind Regards Stav, Donna and Kids
"using the prenup agreement kit was so easy. By far the cheapest way we could do a pre nuptial agreement, many thanks"
"thank you, thank you...going through a separation and dividing property is painful. i'm so glad to have found your separation agreement kit. It prevented any more arguments and was cheap compared to what the lawyers were asking. Thanks again"
"we found it so easy to make this financial agreement work for us. We both feel safer now and it didn't cost us a fortune to set up. Many thanks"
Theresa and Peter
"the prenup was way easier than expected and the review service saved a fortune, many thanks"
... it's been such a smoother process 'time and cost wise' than either of us had imagined possible after the first ring round of family law firms. We would recommend you to friends who are entering in to a de facto relationship and want something drawn up. Thank you, you have been most helpful from the very 1st phone call.Easy to deal with, polite and patient.

PLEASE NOTE! Agreements become legally binding only when each party has received Certified Independent Legal Advice

What is a de facto relationship?


The term "de facto relationship" is defined in Section 4AA of the Family Law Act.

(1) A person is in a de facto relationship with another person if;
(a) the persons are not legally married to each other; and
(b) the persons are not related by family;
(c) having regard to all the circumstances of their relationship, they have a relationship as a couple living together on a genuine domestic basis.

(5) for the purposes of this Act;
(a) a de facto relationship can exist between 2 persons of different sexes and between 2 persons of the same sex; and
(b) a de facto relationship can exist even if one of the persons is legally married to someone else or in another de facto relationship.

For a full definition click the link to Section 4AA of the Family Law Act.

One should note that before the recent amendments to the Act, the regulation of de facto relationships (also known as domestic partnerships) came under state legislation. So each of the individual states and territories drafted their own set of laws to govern relationships outside of marriage.

For decades defacto and same sex interest groups have lobbied parliament to have their relationships recognised under the provisions of the Family Law Act. Now de facto and same sex couples in most states have the same access to the law as married couples have had since 1975.

All the Eastern states (Qld, NSW, Vic and Tasmania) plus the two territories (ACT and NT) have referred their powers under state legislation to the commonwealth, which leaves South Australia and Western Australia choosing to regulate domestic relationships themselves. SA seams stuck in the past and WA has its own Family Court Act which mirrors much of the legislation in the Family Law Act.

Specifically, provisions that relate to Financial matters concerning defacto relationships can be found under PART VIIIAB of the Act.
Here you will find sections
90UB. Financial agreements before de facto relationship – need to know more
90UC. Financial agreements during de facto relationship – need to know more
90UD. Financial agreements after breakdown of a de facto relationship – need to know more
 

defacto and cohabitation extra information

De facto is a Latin expression that means "concerning fact". In terms of a relationship it means that a couple are living together but are not married. It will often appear as 'defacto' or 'de facto' and there is no difference between the two. The other most common term used to describe when two people are living together is 'cohabitation' or 'to cohabit'.
The agreement that covers this used to come under the heading of a 'binding financial agreement' until changes to the Family Law Act meant it is now just a 'financial agreement'. This change to the act also saw these agreements now come under federal law and now recognise same sex couples as having the same rights as heterosexual couples.