The Importance of a Pre-Marital Agreement in Sydney: Why You Need a Lawyer

A pre-marital agreement, also known as a binding financial agreement (BFA) in Australia, is a legal document that outlines how assets, debts, and financial responsibilities will be divided in case of a separation. It helps protect both parties by ensuring financial clarity before marriage. Why Consider a Pre-Marriage Agreement in Sydney? Marriage is a significant commitment, and while love is the foundation, financial security is equally crucial. A pre-marriage agreement can: Protect pre-existing assets Outline financial responsibilities during the marriage Prevent future disputes over asset division Provide security for children from previous relationships Ensure fair financial arrangements in case of separation Legal Requirements for a Pre-Marital Agreement in Sydney To ensure a pre-marital agreement is legally binding in Sydney, it must meet the following criteria: Written Agreement – The agreement must be documented in writing. Legal Advice – Both parties must obtain independent ...