One of the things that create even bigger “fire” between
couples undergoing separation is the division of assets. In avoiding such, a binding financial
agreement is an excellent decision to make. However, BFA requires certain rules
and here is one of the most important things you need to know.
•
A binding financial agreement is made either
before, during or after the marriage or de facto relationship.
•
It is best drafted and executed when you get
independent legal advice.
•
It covers financial settlement, support and
incidental issues
•
It should be drafted by a lawyer
Source: Westminster Lawyers - a website that offers the services of accredited family law specialists.
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