Financial Prenuptial Agreements Wollongong

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Step 1. Identify and value the assets, liabilities and resources of the parties​.

Step 2. Consider the contributions of the parties made throughout the relationship​

Step 3. Consider the future needs of each party

Step 4. Determine whether the proposed settlement is just and equitable.

Whether you're entering a relationship, already in one, or separating, a financial agreement can help prevent costly disputes. We ensure your agreement is legally sound and fair.

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Family Law Financial Agreement FAQs

  • What is a Binding Financial Agreement?

    A Binding Financial Agreement (BFA) is a contract between a couple that formalises how their property, assets, superannuation and liabilities will be divided in the event of a breakdown of a marriage or a de facto relationship. A valid BFA ousts the Court’s jurisdiction in relation to financial proceedings between the parties generally, or in relation to specific issues, and can be entered into at the beginning, during or after a relationship.

  • What is child support and child maintenance?

    The money, or in-kind payments, paid by one parent to the other (or to someone else if the children do not live with a parent) is called child support or child maintenance. Child support may apply to all parents whether married, in a de facto relationship, never lived together, or never had a relationship, and also may include same-sex parents.


    The Child Support Agency (CSA), which is the Commonwealth government agency that looks after child support payments, uses a mathematical formula to work out how much child support should be paid, known as a child support assessment. Once a child support assessment is made by the CSA, parents are free to arrange private payment of this sum. The person entitled to receive the child support payments can also ask the CSA to collect these payments on their behalf.

  • What are child support agreements?

    Parents are able to enter agreements known as “child support agreements”, which set out in writing the amount, frequency and method of payment of child support payments. Centrelink has rules that must also be taken into account when entering a child support agreement.