Binding Financial Agreements
What is a Binding Financial Agreement?
A Binding Financial Agreement is a formal document that sets out how property will be divided up in the event of a relationship breakdown. You can make a binding financial agreement before you enter a relationship, during a relationship or after the end of a relationship. It is essential that both you and your partner have legal advice before the agreement becomes legally binding.
Do I need a Binding Financial Agreement?
While it may give you some peace of mind immediately it can allow for uncertainty as your relationship progresses. There are certain risks that come with the Binding Financial Agreement. Because of this we offer some alternative approaches where we can achieve certainty and typically do so at a lessor cost. Call our office to discuss these alternative solutions.