Protecting Family Wealth: Prenups, Trusts, and Parental Precautions

Prenup Binding Financial Agreement Lawyer Sydney

Inheriting Wealth, Not In-Laws: How Parents Safeguard Assets for Their Children Boomers, the wealthiest generation, are increasingly taking proactive steps to ensure their hard-earned assets stay within the family, even after their children marry. Driven by rising divorce rates and “Bank of Mum and Dad” contributions, parents are utilising legal tools like prenups (Binding Financial … Read more

THE DOS AND SOME DON’TS OF ARBITRATION

THE DOS AND SOME DON’TS OF ARBITRATION by Chris Dimock Solicitor Accredited Family Law Specialist About the Presenter …. Chris Dimock MA, Solicitor Chris Dimock is an Accredited Family Law Specialist. He first practised as a Solicitor in the United Kingdom before moving to Australia in 1983.  He has since been practising exclusively in the … Read more

Binding Financial Agreements And Consent Orders – What’s The Difference?

Infographic BFA Consent Order

OK, we’re often asked what are the options for legal agreements following the breakdown of a marriage. So we’ve prepared a visual representation of the main differences between a consent order and a Binding Financial Agreement (BFA). As always, seek the advice of a lawyer to guide you through. Speak to our family law team today.

Prenuptial Financial Agreements – Section 90B

Section 90B Prenuptial Agreement Lawyer Sydney

Financial agreements – valid and binding? Section 90B (pre-nuptial) Agreement Pre-nuptial agreements are one form of Financial Agreement parties can sign and which are enforceable under the Family Law Act. It can be challenging and cause stress for couples to broach the subject with each other, as it can appear to put a negative spin … Read more

Calculating the likely split of assets

Calculating the likely split of assets family lawyer sydney

The Family Law Act 1975 (“the Act”) established a specialist Family Court in Australia. As the Court has developed through infancy to maturity, the fundamentals for dealing with property cases have not changed to any significant degree. Ours is still a discretion-based system where even on an identical set of facts (if such a thing … Read more

Family Law Update

Family Law Update Lawyers Sydney

Summary: The year 2012 was not a significant year for legislative change, in the area of Family Law. There were not even any changes to the requirements for a Financial Agreement to be binding. As if to compensate, the Government decided that budgetary considerations should result in a greater application of the “user pays” principle … Read more

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