Peaceful Path to Settlement

Call Us - 1800 608 088

How to finalise your Binding Financial Agreement

This web site will show you how to make a compliant, legally Binding Financial Agreement (BFA) with Legal advice by two Independent Australian Family Law specialists for just $.

If you have just arrived at this page we are going to assume you already know that creating a Financial Agreement allows you to handle property settlement matters in a peaceful way.

A Financial agreement can be made at any phase of a married or de facto relationship – before , during or after .

Before DuringAfter

Apart from saving you $1000s of dollars in legal fees should your relationship end, a binding financial agreement will also help you to:-

  • Avoid potentially divisive issues that could arise if you ever separate.
  • Specify ground rules for buying and owning property.
  • Coordinate and support your estate plans , to be sure that family property passes as you wish.
  • Avoid costly litigation following a relationship breakdown.

There are three important steps to putting a compliant Binding Financial Agreement in place:

1. Agree on how your assets and liabilities should be divided

2. Put your arrangement in writing, using our professionally drafted Binding financial agreement template  ($147)

3. Get the compulsory legal advice and certificate from an Australian Family Lawyer. $ covers both parties, in most cases.

We can show you how to complete your binding financial agreement and get the legal advice for just $ for both parties – without stress, fuss or engaging combative lawyers.

Why do you have to get Legal Advice?

Back in 2000, when binding financial agreements were introduced, the lawmakers were responding to a need to lessen the load on the Family Court System.

They recognised that couples often know what they want to achieve with a binding contract, but there must be a legal safety net to ensure equality in the bargaining power of the partners.

This safety net is the mandatory legal advice .

The Legal advice is your safety net

The Legal Advice acts as a Safety Net and ensures the strength of your agreement .

Essentially both partners are required to have a conversation with a lawyer about their agreement to make sure that they each understand:

  • The effect that signing the Financial Agreement will have on their rights ; and
  • The advantages and disadvantages of making the agreement .

After the consultation, their lawyer is required to issue them with a Certificate of Legal Advice. The parties can sign the agreement and move on with their lives confident that their financial resources are protected.

Once you’ve completed your draft agreement ($147), you and your partner can obtain the Legal Advice from qualified family law specialists at a low fixed price of $ for both parties (unless you have a very complex situation).

Ready to Get Started with your BFA? Choose your Relationship Phase

Before DuringAfter

Important – Required Legal Advice

Financial Agreements only become Legally Binding when each party has received Certified Independent Legal Advice - Click Here for More Information

Australian Law

Our Financial Agreements are drafted to comply with Australian Law

Professionally Drafted

The agreements are professionally drafted by Australian Family Law Experts

Instant Download

No Need to Wait. Download the Agreements Instantly

Easy to use

Plain English - No Legalese. Your Financial agreement is easy to use, edit and understand