Thinking of getting serious?
Protect your assets.
After separation, there is no legal requirement to submit agreements to the Family Court. You can make a private Financial Agreement, or a legally binding one through the Courts known as a Consent Order.
A Financial Agreement can be drawn up before, during or after a relationship has ended.
You will need to have independent legal advice, and the Agreement can encompass a wider scope than Consent Orders.
- Who gets to keep the house?
- Lump sum payments to each party eg Superannuation or cash payments in form of ‘buying out’ the other
- Which person keeps the car, jewellery and furniture?
- Which party keeps the family dog?
- What happens to the assets in the future if the relationship breaks down? This applies to parties that are about to embark into a serious commitment or are currently in a de facto relationship or marriage.
It is mandatory to obtain legal advice for a Financial Agreement. Your financial future needs to be protected and in accordance with your circumstances, you should call us to discuss your options.
Financial Agreements v Consent Orders
A Financial Agreement is a legally binding private agreement that does not need to be approved by the Court to be in force.
It can be used as an offical court document for property matters and spousal maintenance.
A Consent Order is a legally binding document made by the Court that sets out the parenting arrangement for the children and/or property settlement that you and your ex have agreed to.
I would be used as an official court document when parenting is introduced with property matters and spousal maintenance.
Worland Family Lawyers can help you decide the best course of action suited to your circumstances
Let us help you put the pieces together...
Our team of Lawyers and Solicitors will help guide you through the mess and into a favourable outcome.