Financial agreements have gained in their popularity over recent years. Commonly known as a “pre-nups” these agreements are a way of avoiding the expense and distress of lengthy property proceedings.
Financial Agreements can be entered into at any stage of the relationship or in contemplation of a relationship. They can be entered into by parties to a marriage or parties of a de facto relationship.
In order for a financial agreement to be binding both parties must obtain independent legal advice. Both parties must sign the agreement and must obtain a certificate signed by the person giving the independent legal advice stating that the advice was given.
Perth Family Lawyers can offer clients advice regarding the preparation of financial agreements the requirements at law relating to their validity.