Blog

Binding Financial Agreements (colloquially known as “pre-nups”) have historically been used by older people who are entering into second or subsequent relationships and want to protect their wealth. They are becoming increasingly more common among younger people- particularly where one or both parties to a relationship have been gifted or...

In Australia, Binding Financial Agreements (BFAs), colloquially known as prenups, are becoming more common, particularly for people who are in a second de facto relationship or marriage and those receiving gifts from their parents to purchase a first home. Couples are far more likely to see eye-to-eye at the start...

Buying Real Estate with your partner, particularly if it’s your first home, can be an exciting time. However, it is also a very large commitment and comes with significant financial and legal ramifications. It also raises a number of questions for you as a couple that not everyone takes the...

Most couples don’t plan for divorce, but the fact is, one in three marriages in Australia end. It’s a financial stress that most people aren’t prepared for, but when it does happen they want the process dealt with swiftly. There are no winners in a marriage breakdown, but you do...

A Parent’s Guide to Child Support After separation, people often find themselves in tricky situations regarding how much to pay to their ex-partner for the support and upkeep of their children. These payments, known as ‘child support’, are generally ongoing, periodic payments made by one parent to the other, purely...

Who keeps the engagement rings after separation? The answer is, it depends… Part 2: What happens to the engagement ring after marriage and divorce? In the previous blog post, we looked at the law for what happens to the engagement ring for couples who get engaged, but then who call...

What are prenups in Australia? Something I commonly hear when talking to non family lawyers is: “I’d like my clients to protect their assets from divorce, but prenups aren’t binding in Australia…” Well actually, they are! Prenups (or as we know them: Binding Financial Agreements – BFA’s for short) ARE...