Our De Facto Separation Financial Agreement template is specifically designed to give you the legal protection you need, written by Australian lawyers and fully compliant with Australian law. Save time, money, and stress by securing your agreement quickly and easily, without the expense of traditional legal services.
Ending a long term relationship is never easy and there can be much emotional and financial fallout as the couple negotiate the separation process.
By law de facto couples are not required to formally document the end of the relationship, you can just divide any assets or property between yourselves and move on with your life.
However, such arrangements leave the door wide open for either party to make a future application to the family court for financial orders, essentially taking a second bite of the cherry.
It’s useful to know (especially in these tough financial times) that even though most separated couples live apart in separate residences, the Act does provide for a couple to be classed as separated and living together under the one roof. So you can still take care of the property settlement issues and live under the same roof.
The first is the path of conflict, characterised by threatening letters and demands, one sided proposals along with an ever increasing level of animosity between the parties. Meanwhile the legal bills keep piling up as the lawyers do battle on your behalf.
This path is stressful, expensive and emotionally exhausting.
Buy De Facto Separation Financial Agreement 90UD Kit for Australian States other than WA
Buy De Facto Separation Financial Agreement WA 205ZP Kit for Western Australia
The alternate path is one where the parties genuinely co-operate to find workable solutions that both can live with. The parties recognise each other’s contribution to the relationship and address the needs of each party.
This process generally leads to a fairer and more equitable agreement without the emotional and financial burden of litigation.
A property settlement can be finalised at any time after separation. However, a court application for property settlement or maintenance must be filed within 2 years after the relationship breakdown or you will need the court’s permission to apply out of time.
A consent order is a written agreement that is approved by a court. A consent order can cover parenting arrangements for children (a ‘parenting order’) as well as financial arrangements such as property and spousal maintenance.
The difference between a Financial Agreement and Consent Orders dealing with division of property or parenting arrangements is that the Financial Separation Agreement does not need to be lodged with the Court for approval, and is not subject to review by the Court or put on public record.
The parties may elect to enter into a property settlement agreement (more accurately known as a Financial Agreement) in preference to Consent Orders where they require certainty of outcome, rather than having the court impose its view of how assets are to be divided.
A financial separation agreement for De facto couples, compliant with the relevant Australian Law, allows the partners to decide for themselves how to manage these obligations without the need for entering court proceedings, reducing stress and the risk of extended litigation.
All in all, you can complete your de facto separation financial agreement and have peace of mind about your future financial security for just $ (unless you have very complicated financials)
Separation Agreement for De facto couples are available for immediate download for all Australian states.
Our 90UD Agreement is for all states except Western Australia and complies with section 90UD of the Family Law Act 1975.
Our 205ZP Agreement is for Western Australia and complies with Section 205ZP of the Family Court Act
Both agreements provide the legal framework for a compliant separation agreement that will save you hundreds and possibly thousands of dollars.
The Kit includes:
No Need to Wait – this Agreement kit is available for immediate download from the receipt page upon successful payment.
Choose the state you live in:
Under sections 90G and 90UJ of the Family Law Act this agreement is binding only when it is signed by both parties and contains a certificate confirming that each party has obtained independent legal advice prior to signing the agreement.
Our Financial Agreement Review and Certification Service ($ covers both parties in most cases) is available as an option with this agreement.
We’ve shown the agreement for all states except W.A. where the de facto couple agree to sell the family home.
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If for any reason you are not completely satisfied with your purchase or our service, please phone our office on 1800 608 088 within seven (7) days of purchase and we will rectify the situation, issue a refund, or offer a credit towards future purchases.
Our Financial Agreements are drafted to comply with Australian Law
The agreements are professionally drafted by Australian Family Law Experts
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Plain English - No Legalese. Your Financial agreement is easy to use, edit and understand