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.