Financial Agreements

Financial Agreements

Have a look at our article here on what is a Financial Agreement. In summary, a financial agreement is a formal, written agreement between you and your current or former spouse/ partner which records any agreement reached for property settlement and/or spouse maintenance. It is vital that you record the agreement reached on those issues in writing so that each of you have clarity on financial separation.

We provide specialist services in drafting and advising on financial agreements entered into before marriage, during marriage (including after separation but prior to a divorce) and after a divorce.

What to Look Out For

A financial agreement made pursuant to the Family Law Act 1975 (Cth) (“the Act”) excludes the jurisdiction of the Court to make orders relating to the matters covered by the agreement. Due to the nature of the document, it must be drafted with the utmost care and detail. Our lawyers have honed their drafting skills over many years to ensure that the financial agreements we draft are not only compliant with the Act but are also as watertight as possible to avoid any ambiguity.

Our specialist experience in family law means we are able to draft financial agreements that stand the test of time and that contemplate, as far as possible, future issues that may arise. In the drafting process, we will highlight and advise on any potential risks in entering into the agreement as well as the advantages and disadvantages of entering into the agreement.

One of the core pillars of our practice is to ensure that our clients are fully informed before making a decision and to provide advice (particularly on complex documents such as financial agreements) that is clear and easy to understand. We will be your advisors at each step of the process to entering into a financial agreement because we understand that this document may have a significant impact on your life.

Resolution Based Legal Advice

At Page Provan, we endeavour to identify the best possible way to resolve legal issues. At times there may be more than one. We will conduct a thorough analysis of the matter keeping in mind the outcomes sought and determine the most appropriate way to achieve finality whether that is by way of consent orders or a financial agreement. Every matter is unique and we will endeavour to provide transparent advice on what we think is the best way to resolve your matter. Let us do the hard work!

Enquire now to find out what is the best way for you to finalise your matter.

Family Law Section Law Council of Australia Award
Member of Queensland law society
Family law Practitioners Association
International Academy of Family Lawyers - IAFL
Mediator Standards Board