Binding Financial Agreements

 

Binding Financial Agreements (BFAs) are one of the ways of finalising financial matters. 

Parties can enter into the following types of BFAs:

 

  • Agreements made prior to entering a marriage

  • Agreements made during a marriage but prior to separation

  • Agreements made after separation but prior to divorce

  • Agreements made after separation and divorce

  • Termination agreement (ending the earlier financial agreement entered into).

 

We recommend however that you should discuss with us whether a BFA would best suit your individual circumstances. 

 

Please note that the parties to a BFA must receive Independent Legal Advice.

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      Unit 2, 107 Church Street Wollongong
      familylawyers@ritathakur.com.au

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