A de facto agreement allows a couple to avoid court by settling how their property should be divided in the event of a relationship breakdown.
By making a cohabitation or de facto agreement , you can quarantine certain assets from litigation during a property settlement. This can help you to feel more secure in the relationship particularly if one partner has significant assets and the other does not.
Your financial agreement allows you to decide what you think would be a fair and equitable distribution of property in the event of separation instead of leaving it up to the courts.
You can choose to deal with all of your financial interest now or you may choose to deal with a single asset like a family farm, a business or an inheritance.
Financial agreements can comfort and reassure people living in or entering into de facto relationships. They are recognised and enforceable under Part VIIIAB of the Family Law Act and can save you time, money and a lot of heartaches.
“Thank you for the excellent service… what initially seemed to be a daunting task you made uncomplicated, efficient and user-friendly. I wouldn’t hesitate to recommend your service.” Cherie G QLD
There are three factors to consider when choosing the most appropriate Financial Agreement for your situation.
If you live in Western Australia you need a different agreement – see the link below.
For all other states and territories, ask yourself…
Heterosexual
Yes we are living together – Get the Financial Agreement 90UC Kit Only $147 or the Cohabitation Agreement for Western Australia Only $147
No – we intend to move in together soon – go to Cohabitation Agreements Before Living Together
Same-sex
Yes we are living together – go to Same-Sex Cohabitation
No – we intend to move in together soon – go to Same-Sex Cohabitation Agreements Before Living Together
These comprehensive Cohabitation Agreements have been drafted to comply with the relevant federal or state legislation. They give you all the guidance you need to create a legally binding, protective cohabitation agreement.
This de facto agreement kit has been professionally drafted to comply with section 90UB of the Family law Act or the section 205ZO of the Family Court Act (Western Australian) and allows you to complete a defacto financial agreement with a minimum of fuss. It includes;
We’ve shown the agreement for all states except W.A., heterosexual couple.
The grey boxes indicate form fields where you enter your personal information.
Because Section 90UJ of the Family Law Act requires that each party to the agreement to receive independent legal advice before the agreement has any legal force, we have introduced our – Agreement Review and Legal Certification Service .