A prenuptial agreement is an investment. These agreements allow you to plan in advance what will happen to your assets should you and your partner separate.
Here at FEDOROV Family Lawyers Gold Coast, Brisbane, Geelong and Perth, we can help arrange your Prenuptial Agreement.
If you wish to protect your assets and are in a relatively new relationship, then – Yes!
Couples just starting out can outline not only the financial responsibilities of each should they separate but who will get what.
The assets that you have worked so hard to accumulate are very important. If you end up in the Family Court a prenuptial agreement will help you to protect those assets that you have worked so hard for and to plan in advance who will get one in the event that your relationship goes pear-shaped.
Think of a prenuptial agreement as an insurance policy for divorce.
If you wish to protect your assets and are in a relatively new relationship, then – Yes!
Couples just starting out can outline not only the financial responsibilities of each should they separate but who will get what.
The assets that you have worked so hard to accumulate are very important. If you end up in the Family Court a prenuptial agreement will help you to protect those assets that you have worked so hard for and to plan in advance who will get one in the event that your relationship goes pear-shaped.
Think of a prenuptial agreement as an insurance policy for divorce.
How your assets and money would be divided in the event of a breakup
The financial support (maintenance) of either party (during the marriage and/or after divorce)
How a your assets and money would be divided in the event of a breakup
For a prenuptial agreement to be binding it has to meet certain criteria. We would suggest that these criteria are a good reason why you would want a reputable and experience family lawyer draft these agreements.
Conditions that determine how binding a prenuptial agreement is are:
how the agreement affects each partner's rights
the advantage or disadvantage to each
whether both agree it is fair.
For more information on prenuptial agreements see the Queensland Government family law website.
If you are in a de facto relationship and you do not wish to marry, however you would like to protect your assets too, then we can draft a similar document for you called a Cohabitation Agreement.
Cohabitation Agreements also outline who will get what asset in the event that the relationship goes pear-shaped. These Agreements can address assets that need to be sold, transferred and even spousal maintenance. To get started with your Prenuptial or Cohabitation Agreement, send us an enquiry or call us now on 1300 768 719.