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Separation Agreement Template for a Married Couple

If you and your spouse have decided to separate, having a clear and legally sound agreement in place can help you avoid conflict and feel more secure about the future. Our Marriage Separation Agreement Template is designed specifically for married couples in Australia who want to record how property and finances will be handled during separation. This type of document is also known as a financial agreement under the Family Law Act.

Even though you’re breaking up – you don’t have to go to war over the finances.

Breaking up a marriage is hard enough without going to war over the property settlement. Many couples are choosing a better, more peaceful way of dismantling their life together.

Take for example – Tony and Lisa. They tied the knot 15 years ago, built a business and home together, had three children and dreamed of the day they would retire on the coast. But the stresses and demands of modern life took its toll and they slowly grew apart.

They have decided to separate and even though they are going to live apart, they still get on and want to maintain a friendship.  After all, they have 3 kids and are going to be seeing each other on a regular basis.

Both are committed to managing the separation in a way that minimises the disruption to the children. The idea of squabbling over “who gets what” via curt letters issued by a law firm doesn’t seem right, and neither are keen to go down the road of legal proceedings.

Get started from $49 – full pricing and process below.

Buy Separation Agreement Kit Now – Just $49

Finding a better way to separate

Fortunately Tony and Lisa had a pretty good idea of how they could work things out and both agreed staying out of court would be substantially cheaper and less stressful.

They just needed to work out the finer points and put their agreement in writing.

After some research, they discovered that they could make a Marriage Separation Financial Agreement between themselves that would set down how they wished to divide their property.

Financial Agreements provide the Framework for settlement

By using Separation – BFA Planner Kit along with the guidance notes provided, Tony and Lisa were surprised how easy it was to draft their own agreement.

It covered issues such as:

  • the transfer of the family home into Lisa’s name;
  • how the investment properties were dealt with (some were sold and one was kept for Tony);
  • who got what in relation to cars, furniture, the share portfolio and savings;
  • superannuation; and
  • whether maintenance would be paid.

Issues that dealt with child support and visiting rights were dealt with in other documents such as a Child Support Agreement and Parenting Plan.

Once they were both happy with the agreement they obtained the legal advice as required by the Family Law Act for a low fixed fee of $3,250 (which provided an independent family law expert for each party).

It was a simple process, completed in their own time, without spending a fortune or even leaving home.

Will this work for me?

This is just one story and we understand that everyone’s situation is unique, which is why the kit has been designed to be adaptable to your needs.

How the Process works

This section explains how our process works in detail.

5 step financial agreement process

The Easier First Step

Start With the Financial Agreement Kit including BFA Planner – Just $49

Forget legal jargon and blank legal forms. Getting started here means answering a set of plain-English questions about your situation – in your own words, at your own pace.

We’ll ask about what you own and owe: property, super, savings, debts, vehicles, etc, and how you wish to divide it.

Alongside the BFA Planner, you’ll also have the plain-English User’s Guide, a step-by-step Process Guide, and a bonus Will Kit, because separation is exactly the time your Will needs updating too.

The completed questionnaire is yours to keep and serves as a properly organised record of your property and finances, which is what a thorough property settlement needs.

It’s a Word document you can save, step away from, and come back to. Nothing is sent anywhere until you choose to send it – so there’s no pressure to have every answer ready before you start.

When you do send your completed Planner to us for review, that’s what gets things moving. Your answers are used to build your draft Financial Agreement, drawing on the framework we’ve refined across thousands of BFAs since 2009 – reviewed personally by our team.

Then our team will be in touch. If your draft fits within the Legal Review Service, we’ll confirm it and talk you through what happens next; if it isn’t quite there yet, we’ll explain why and what still needs sorting.

If it’s ready to proceed, a payment of $990 gets your matter formally underway. From there, we work through the finer detail together by phone and email – the points people often miss – getting your agreement ready for the next stage.

Once that’s done, the final balance payment of $2,260 unlocks the next stage: two independent lawyers – one for each of you. They provide the advice and certification the Family Law Act requires. Your lawyer will finalise your agreement and provide the final version ready for signing.

Get Started – Just $49

“I found it exceptional in every way. I was kept up to date with the process and any queries were answered within the day. It made the separation process much easier and I would highly recommend this service to any friends in the future. Thank you for everything.” — Kim Watt

A Look at What We Actually Ask

No dense legal clauses to wade through here – just plain questions about your situation, with enough detail to meet the law’s disclosure requirements and no more. Below is a look at a few sample questions from the questionnaire, so you can see how the Planner is set out.

It doesn’t matter what kind of financial agreement you need or which state you live in – the planner forms for foundation of the correct financial agreement for your situation.

BFA Planner Sample 1

BFA Planner Sample 2

BFA Sample 3

BFA Planner Sample 4

How to Obtain the Required Legal Advice at a Fixed Price

Important note: Under the Family Law Act a financial 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 service is available to assist you in completing the legal advice component of your FA at a LOW FIXED RATE of just $3,250 for both parties.

Just like thousands of other delighted customers, you too can minimise the financial and emotional cost of separation by using our questionnaire-led process and Legal Review Service.

How It Works and What It Costs

A simple process – a few honest questions, a confirmed understanding, a draft preview so you know what’s coming, then the independent legal advice that makes it binding.

Fixed Pricing — No Nasty Surprises

Step What’s Included Price (inc GST)
1. BFA Planner Download, complete, and submit the BFA Planner – categories and approximate values only, no exact account numbers needed. Yours to keep regardless of what happens next. $49
2. Submit & Confirm We check we’ve understood your situation and intentions before anything proceeds – catching any gaps early, before you commit to the next stage. Complimentary
3. Fine-Tune Your matter formally begins. We work through the finer detail together by phone and email – the points people often miss – getting your agreement ready for final Legal Review. $990
4. Legal Review Final payment unlocks the Legal Advice stage where both parties receive  legal advice and certification from two independent lawyers, one for each of you. This is required to make your financial agreement binding. $2,260
5. Sign Once your lawyers are satisfied, you’ll receive the finalised version to sign.
Total Cost for Two People $3,299

Applies to most customers — complex structures (e.g. multiple companies, family trusts) may involve additional fees, confirmed with you before proceeding.

 

Satisfaction Guaranteed – Our Promise to You

Satisfaction Guaranteed – Our Promise to You

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.

testimonial de facto separation financial agreement

Already Divorced?

If you’re already divorced you can still use this Financial Agreement Kit to document your property settlement – start with the one BFA Planner Kit and the correct agreement for your situation will be built when you go through our 5 step process.

Thank you What an incredible service , it took the pain out of a very volatile situation and saved me thousands of $$. I’m so appreciative of this Brilliant service
Thank you so much
Tess

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