A couple can specifically agree to exclude prior owned assets and any inheritances received during their relationship.
A couple may agree to equally share any assets they acquire during their relationship and protect the financial interests of children of a prior relationship in the event of a second separation.
The purpose of a Financial Agreement is to enable a couple to plan the division of their financial assets as well as providing for spousal maintenance in the event of a separation and so avoid the cost and stress of court litigation.
A couple may choose to enter into a Financial Agreement as a defacto couple, or pre marriage, or during marriage or after separation or divorce.
Please note that the essential requirements for a Financial Agreement include such agreement complying with the technical requirements of the Act, Independent legal advice must be given before signing the agreement, Independent advice given must be confirmed in a written statement by each of the lawyers to the party they represent and each lawyer must sign a Statement of Legal Advice to be attached to the agreement.
A Financial Agreement can be set aside by a Court if the agreement does not comply with the strict technical requirements of the Act.Back to FAQ
The closest train stations are Town Hall, taking the Park Street exit, or St James Station, taking the Elizabeth Street exit. John R Quinn & Co. is on the corner of Park and Elizabeth.
Best parking is in the Domain parking station. Take the moving footway and cross Hyde Park to reach our offices.