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Prenuptial Financial Agreements | What is a prenup?

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Prenup Financial Agreements – What is a prenup?

Financial Agreements made before marriage are more commonly known as prenuptial agreements or ‘prenups’.

Essentially a prenup is a practical plan for how the assets, debts and other matters to do with the marriage will be dealt with if the relationship breaks down.

Putting an agreement in place gives the couple peace of mind and offers certainty about the future. It stops niggling doubts and settles the “what happen’s if?” questions.

No need to go to Court

A

prenup agreement

is an alternative to court action. It is a method for the parties to negotiate a settlement of their family issues in the event of future separation. This means that, at least insofar as they concern money and possibly child support issues, the couple have resolved their issues in advance without needing the court to impose a solution.

Financial agreements can reassure and comfort people entering marriage. They are recognised and enforceable under Section 90B of the

Family Law Act 1975 (cth)

and can save you time, money and heartache.

Common issues that can be dealt with in a Prenup Agreement

Couples marrying later in life or for the second or third time often need to consider more complicated issues such as the provision for children, the protection of assets and the protection of inheritances.


  • Provision for children


    People with children from prior marriages or relationships often wish to ensure that they protect certain assets from claim, preserving those assets for the benefit of their children. Putting an agreement in place has the added benefit of relieving some of the tensions that may arise when children see the new spouse as a threat to their inheritance.


  • Protection of Assets


    Partners often wish to maintain control over their own finances, businesses, houses or investments. Putting a written agreement in place that determines in advance what’s yours, mine and ours reduces the possibility of such issues becoming the cause of a relationship breakdown and can actually strengthen the relationship.


  • The Protection of an Inheritance


    Binding Financial Agreements (BFA) are an essential tool, particularly in cases where the spouse to be is likely to inherit family owned property or wealth from the rich uncle. As part of an overall strategy to maintain control of family owned assets, a BFA will ensure your family wealth remains with the family members and not shared with an estranged partner.

Getting Married Soon?

Getting married prenup agreement

A prenup takes care of the financial and practical matters of your future life together.



IMPORTANT!


– it is inadvisable to enter a prenup agreement within two weeks of your wedding. You won’t find this warning anywhere in the Act it’s just something our lawyers believe could go to proving undue influence.

If you are running out of time and cannot formalise the prenup before the big day then you can always make a

postnuptial agreement

after the wedding which will work just as effectively as a prenup.

Professionally drafted prenuptial agreement with complete instructions only $147 – Instant Download


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This prenup has been drafted in accordance with section 90B of the Family Law Act 1975, and includes all the guidance you need to create a legally binding financial agreement.


You receive –

  • the

    Prenup Agreement

  • A

    Comprehensive User’s Guide

    which answers your questions

  • Sample agreement

    – so you know what the completed agreement should look like

  • Sample clauses

    – help you to tailor the document to your own situation – just cut and paste!
  • A

    Bonus Will kit

    because it’s always a good idea to update your will when your life circumstances change, such as separation or divorce, the birth of a child or entering into a new relationshipn.

  • Access to the Exclusive Members area

    which takes you through the process step-by-step

  • Complimentary Financial Agreement Assessment

    – we check your draft agreement to ensure it’s ready for the lawyers and the mandatory Legal Advice. This is how we save you thousands of dollars in legal fees.

  • Access to fixed price Legal Advice

    so you can get your agreement certified without spending a fortune.









Important Note
Important note

: Section 90G of

the Family Law Act requires that each party to the agreement receive independent legal advice

before the agreement has any legal force, we have introduced our

Legal Review Package

as an affordable way to receive the correct certification

Sample Prenup Agreement Excerpt

prenup financial agreement

Pre nup agreement Sample Excerpt

assetts and liabilities

thnaks

“The service provided by your company was second to none! The prenuptial contract process was seamless with all the details that I wanted plus more. The service, support, the contract, examples contract and everything that came with it was faultless! I highly recommend your company and will with no hesitation use your service again! Well Done.” Nathan Waterstone
Oakleigh Vic


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