1800 786 931
Taylor&Scott Lawyers
  • Home
  • Compensation Law
  • Motor Vehicle
  • Our Services
    • Commercial And
      Business Law
    • Employment Law
    • Family Law
    • Migration Law
    • Property Law
    • Wills & Estates Law
  • People
    • Ray McClenahan
    • Ivan Simic
    • Simon Meigan
    • Evelyn Gardis
    • Mark Youssef
    • Tim McCauley
    • Gervase Liddy
    • David Hartstein
    • Kimberley Becker
    • Michelle Meigan
    • Andrew Woo
    • Jessica Cook
    • Donna Begnell
Make A PaymentLocationsPeopleContact Us
Taylor&Scott Lawyers
Individual LawBusiness LawAbout Us
1800 786 931
  • Personal Injury
    • Injured at Work
      • Workers Compensation Claims
      • Work Injury Negligence Claims
      • Injured In / Around a Coal Mine
      • Industrial Deafness
      • Non-Employer Negligence Claims (Against Third Parties)
      • Asbestos Claims
    • Motor Vehicle
      • Motor Vehicle Accidents and Claims Before Dec 2017
      • Blameless Motor Vehicle Accidents
      • Bus Accidents
      • Car Accidents (Driver or Passenger)
      • Hit and Run Accidents
      • Children Injured in Motor Vehicle Accidents
      • Bicycle / Cycle / Pushbike Accidents
      • Death Claims Resulting from Motor Accidents
      • Motorcycle Accidents (Driver or Pillion Passenger)
      • Pedestrian Accidents
      • Truck Accidents
      • Uninsured Liability Scheme Accidents (Vehicle at Fault Not Insured)
    • Medical Negligence
      • Hospital claims
      • Doctor claims
      • Treatment Providers Negligence
      • Nursing and Retirement Claims
    • Unable to work
      • Income Replacement Insurance Claims
      • Total Permanent Disability (Tpd) / Superannuation Claims
    • Injured In Public
      • Negligence Claims
      • Slip, Trip or Fall
      • Shopping Centre Accidents
      • Holiday Accidents
      • School, Sporting or Playground Incidents
      • Insurance Claims and Disputes
      • Dog Attacks
      • Aircraft Accidents
  • Family Law
    • Divorce and Separation
      • Divorce and Prenuptial Agreements
      • Divorce and Spousal Maintenance
      • Divorce and Annulments
      • Separation
      • Applying for Divorce
      • Divorce Application
    • Children and Parenting Matters
    • Child Support
    • Paternity Matters
    • Spousal Maintenance
    • Property Settlements
    • De Facto Relationships
  • Wills & Estates
    • Disputed Will or Contested Estates
    • Dealing With Deceased Estates
    • Wills and Estate Planning
    • Powers of Attorney and Enduring Guardian
  • Property Law
  • Migration Law
    • Partner Migration
      • Prospective Marriage Visas
      • Partner Visas
    • Employer Sponsored Migration
    • Temporary Graduate (Subclass 485) Visas
    • Skilled
      Migration (SkillSelect)
    • Medical / Health Waivers
    • Parent Migration
    • Visa Issues
  • Employment Law
    • Employee Legal Services
      • Redundancy
      • Unfair Dismissal / General Protections
      • Termination of Employment, Unfair Dismissal, Adverse Action, Redundancy
      • Independent Contractor or Really an Employee?
      • Senior and Executive Staff
      • Employment Contracts, Post Employment Restrictions, Policies and Procedures
      • Underpaid or Unpaid Workers
      • Workplace Discrimination and Adverse Action
      • Employment Contracts, Negotiating Employment Contracts, Bonus & Performance Payments
    • Employer and Small Business Legal Services
      • Equal Employment Opportunity
      • FWO Investigations
      • Redundancy
  • Commercial Law
  • Employment Law
    • Employer and Small Business Legal Services
      • Equal Employment Opportunity
      • FWO Investigations
      • Redundancy
      • Employment Contracts, Post Employment Restrictions, Policies and Procedures
      • Termination of Employment, Unfair Dismissal, Adverse Action, Redundancy
    • Employee Legal Services
      • Redundancy
      • Unfair Dismissal / General Protections
      • Independent Contractor or Really an Employee?
      • Senior and Executive Staff
      • Workplace Discrimination and Adverse Action
      • Underpaid or Unpaid Workers
  • Property Law
  • Migration Law
    • Partner Migration
    • Temporary Graduate (Subclass 485) Visas
    • Skilled
      Migration (SkillSelect)
    • Medical / Health Waivers
    • Parent Migration
    • Visa Issues
  • People
    • Ray McClenahan
    • Ivan Simic
    • Simon Meigan
    • Evelyn Gardis
    • Mark Youssef
    • Tim McCauley
    • Gervase Liddy
    • David Hartstein
    • Kimberley Becker
    • Michelle Meigan
    • Andrew Woo
    • Jessica Cook
    • Susan Eshaghi
    • Donna Begnell
  • Locations
  • Contact Us
  • Success Stories
  • Answers
  • News
  • Individual Law
    • Personal Injury
    • Family
    • Wills & Estates
    • Property Law
    • Migration Law
    • Employment Law
  • Business Law
    • Commercial Law
    • Employment Law
    • Property Law
    • Migration Law
  • About Us
    • People
    • Locations
    • Contact Us
    • Success Stories
    • Answers
    • News
Make A PaymentLocationsPeopleContact Us
ENQUIRE NOW


Home » Our Services » Family Law » Divorce and Separation » Family Law – Divorce and Prenuptial Agreements


Family Law –
Divorce and Prenuptial Agreements

Request A Call
Enquire Now



Prenuptial agreements are no longer considered excessive or insulting and are becoming more common in both married and de facto relationships. Where unfortunate realist is around 40% of all marriages in Australia end in divorce, with de facto relationships faring no better, having a prenuptial agreement (known as a Financial Agreement) in place can save time, money and heartache in the long run.

  • What is a prenuptial agreement?
  • What can a Prenuptial agreement include?
  • When can a prenuptial agreement be made?
  • When is a prenuptial agreement appropriate?
  • Do prenuptials apply to de facto relationships?

What is a prenuptial agreement?

In Australia, prenuptial agreements are known as Financial Agreements or sometimes “BFAs” (Binding Financial Agreements) for short. A prenuptial agreement is a contract that deals with the division of individual and shared assets should the parties separate or divorce. A prenuptial agreement can be made at any time during a relationship including before, during or after the relationship has ended.

This is where the service of Taylor & Scott Family Law professionals becomes important. Your prenup must comply with strict legal requirements and must include a statement signed by a lawyer confirming you have received legal advice before signing the agreement. Our job is to assist you and your spouse or partner by establishing a binding financial agreement that covers all eventualities and avoids expensive repercussions further down the track.

 

What can a Prenuptial agreement include?

At Taylor & Scott Lawyers, we cover all bases for you, ensuring your prenuptial agreement is comprehensive and understood by everyone involved. Your agreement can include:

  • Division or protection of property
  • Division of finances
  • Spousal support
  • Investments, superannuation, inheritances
  • Business enterprises
  • Pensions and other entitlements
  • Additional terms, outlines and conditions

When can a prenuptial agreement be made?

Your prenuptial agreement or financial agreement can be made any time you consider a relationship is entering into a long-term, serious phase. In a world where money equals security, people want to know how their financial assets will be distributed if their relationship turns sour, and a prenup will provide clarity and make divorce settlements less complicated and expensive.

When is a prenuptial agreement appropriate?

Every couple is different, and reasons for prenuptial agreements are numerous, but there are certain situations where entering into an agreement makes good financial sense. Prenuptial agreements are appropriate in situations that include:

  • One spouse has significantly more wealth or assets
  • One spouse is expecting a large inheritance or gift
  • Both spouses want property and financial division sorted up-front
  • The parties are entering into subsequent relationships and each has their own children who they want to ensure are looked after

Do prenuptials apply to de facto relationships?

Since 2009, de facto couples have also been able to enter into Financial Agreements under the Family Law Act. Relationship status is established by a number of factors including the length of the relationship, your living arrangements, whether you have children and whether you have combined finances.

Prenuptial agreements aren’t for everyone, and very few people enter into marriage expecting a messy divorce at the end. However, the opportunity to safeguard the future for yourself and your loved ones is worth considering, and with Taylor & Scott guidance your chances of reaching a satisfactory agreement are greatly improved.

Taylor & Scott Lawyers have been assisting the people of Sydney and New South Wales since 1905, when the firm was first established. Our strong reputation and legal weight is balanced by a caring approach, with each dedicated Taylor & Scott representative specialising in their respective field, including some of Australia’s finest family law solicitors. Our success has been built on the satisfaction of our clients, and we invite you to experience the Taylor & Scott difference.

  • What is a prenuptial agreement?

    In Australia, prenuptial agreements are known as Financial Agreements or sometimes “BFAs” (Binding Financial Agreements) for short. A prenuptial agreement is a contract that deals with the division of individual and shared assets should the parties separate or divorce. A prenuptial agreement can be made at any time during a relationship including before, during or after the relationship has ended.

    This is where the service of Taylor & Scott Family Law professionals becomes important. Your prenup must comply with strict legal requirements and must include a statement signed by a lawyer confirming you have received legal advice before signing the agreement. Our job is to assist you and your spouse or partner by establishing a binding financial agreement that covers all eventualities and avoids expensive repercussions further down the track.

     

  • What can a Prenuptial agreement include?

    At Taylor & Scott Lawyers, we cover all bases for you, ensuring your prenuptial agreement is comprehensive and understood by everyone involved. Your agreement can include:

    • Division or protection of property
    • Division of finances
    • Spousal support
    • Investments, superannuation, inheritances
    • Business enterprises
    • Pensions and other entitlements
    • Additional terms, outlines and conditions

  • When can a prenuptial agreement be made?

    Your prenuptial agreement or financial agreement can be made any time you consider a relationship is entering into a long-term, serious phase. In a world where money equals security, people want to know how their financial assets will be distributed if their relationship turns sour, and a prenup will provide clarity and make divorce settlements less complicated and expensive.

  • When is a prenuptial agreement appropriate?

    Every couple is different, and reasons for prenuptial agreements are numerous, but there are certain situations where entering into an agreement makes good financial sense. Prenuptial agreements are appropriate in situations that include:

    • One spouse has significantly more wealth or assets
    • One spouse is expecting a large inheritance or gift
    • Both spouses want property and financial division sorted up-front
    • The parties are entering into subsequent relationships and each has their own children who they want to ensure are looked after
  • Do prenuptials apply to de facto relationships?

    Since 2009, de facto couples have also been able to enter into Financial Agreements under the Family Law Act. Relationship status is established by a number of factors including the length of the relationship, your living arrangements, whether you have children and whether you have combined finances.

    Prenuptial agreements aren’t for everyone, and very few people enter into marriage expecting a messy divorce at the end. However, the opportunity to safeguard the future for yourself and your loved ones is worth considering, and with Taylor & Scott guidance your chances of reaching a satisfactory agreement are greatly improved.

    Taylor & Scott Lawyers have been assisting the people of Sydney and New South Wales since 1905, when the firm was first established. Our strong reputation and legal weight is balanced by a caring approach, with each dedicated Taylor & Scott representative specialising in their respective field, including some of Australia’s finest family law solicitors. Our success has been built on the satisfaction of our clients, and we invite you to experience the Taylor & Scott difference.








    At Taylor & Scott, We Care For You

    Take advantage of having us on your side.


    Over 118 years of expert legal advice

    You'll receive over a century of hard-fought litigation, highly skilled and successful negotiation experience across our firm.

    No Win No Fee
    Guarantee*

    When it comes to Personal Injury, Compensation and Motor Vehicle Accident claims, if we don’t win, you don’t pay*.

    Skilled, professional & specialised lawyers

    We'll pair you with the best lawyer for your case, no matter the cause.

    Honesty, integrity & transparency

    You get strategic advice 
& strong representation, 
with an honest & 
transparent approach.

    Get Started Today




FIND OUT HOW TO MAXIMISE YOUR CLAIM TODAY

With over 118 years of hard-won wisdom, you are in safe hands.

Enquire Online           1800 600 664

Contact Us

12/276 Pitt St, Sydney NSW 2000
Phone: 1800 600 664
Fax: (02) 9265 2555
Other offices located in Parramatta, Campbelltown, Newcastle & Wollongong (by appointment)

Compensation

Read more

Services

Commercial And Business Law
Employment
Family Law
Property
Wills & Estates
Migration

Success Stories

Dust Disease
Health Waiver
Medical Negligence
Migration
Motor Accidents
Family Law
Slip & Fall
Will Disputes
Work Injuries

JOIN THE CONVERSATION

No Win No Fee Policy — Our Guarantee to you*
Disclaimer/Terms of Use
Privacy Policy
Copyright © 2023 Taylor & Scott
*Personal Injury, Compensation and Motor Vehicle Accident matters, you get our no win / no fee guarantee and a free 40 min initial consultation. Conditions apply.
Liability limited by a scheme approved under Professional Standards Legislation.

No Win No Fee Policy — Our Guarantee to you* Disclaimer/Terms of Use Privacy Policy Copyright © 2023 Taylor & Scott
*Personal Injury, Compensation and Motor Vehicle Accident matters, you get our no win / no fee guarantee and a free 40 min initial consultation. Conditions apply.
Liability limited by a scheme approved under Professional Standards Legislation.
  • Home
  • Compensation Law
  • Motor Vehicle
  • Our Services
    • Commercial And
      Business Law
    • Employment Law
    • Family Law
    • Migration Law
    • Property Law
    • Wills & Estates Law
  • People
    • Ray McClenahan
    • Ivan Simic
    • Simon Meigan
    • Evelyn Gardis
    • Mark Youssef
    • Tim McCauley
    • Gervase Liddy
    • David Hartstein
    • Kimberley Becker
    • Michelle Meigan
    • Andrew Woo
    • Jessica Cook
    • Donna Begnell