You’ve worked hard, built a successful career, and now you’re planning to say “I do.” Congratulations! But amidst the excitement, a nagging question might be lingering in the back of your mind: How do you protect your hard-earned assets while still embracing the joys of marriage? This is where the concept of irrevocable trust comes …
Your Ultimate Guide to Irrevocable Trust Before Marriage in Australia Read More »
Planning a wedding in Australia? Congratulations! While love is in the air, it’s equally important to consider the practical side of marriage – finances. A prenuptial agreement (prenup) can offer peace of mind by safeguarding your assets. But does it extend to future assets? Let’s dive in and explore the ins and outs of prenups …
Does a Prenup Protect Future Assets in Australia? Read More »
A court order to force sale of property can be obtained when co-owners or former partners cannot agree on the sale of jointly owned property. This legal measure allows one party to compel the sale, ensuring that assets can be divided according to legal entitlements. The court intervenes to enforce the sale to resolve disputes …
Court Order to Force Sale of Property: A 7-Point Comprehensive Guide Read More »
If you don’t sign a prenuptial agreement in Australia and later divorce or separate, the division of property and finances will be determined by the Family Law Act 1975. This means a court will decide how assets, liabilities, and financial resources are divided, considering factors like financial and non-financial contributions of each party, future needs, …
Prenuptial agreements, once considered taboo, are becoming increasingly common among Australian couples. They provide a sense of security and clarity about financial matters should the marriage end. But what exactly are the “standard” terms you should know about? This comprehensive guide breaks down the most frequently asked questions about standard prenup terms, ensuring you’re well-informed …
Standard Prenup Terms: Clauses to Include in a Prenup Read More »
Picture this: you’re head over heels in love, ready to say “I do” and embark on a lifelong journey with your partner. Amidst the excitement, there’s a touch of reality – you both have some existing debts. Maybe it’s a student loan, a car payment, or even a lingering credit card balance. How will these …
How Prenups Affect Debt Responsibility in a Marriage Read More »
Prenuptial agreements in Australia offer a practical way for couples to protect their individual interests and navigate the complexities of merging finances in a marriage. It is crucial to provide full and accurate financial disclosure to make your prenup valid. Why is Full and Accurate Financial Disclosure Crucial in a Prenup? Full and accurate financial …
The Role of Financial Disclosure in Prenuptial Agreements Read More »
Prenuptial agreements are often seen as a safeguard for couples entering into marriage, but what happens when one spouse passes away? Can a prenuptial agreement be voided or challenged after death? The laws surrounding prenuptial agreements and their validity after death can be complex. This article will explore the scenarios where a prenup might be …
Can a Prenup Be Voided After Death: Understanding the Circumstances Read More »
If you sign a prenuptial agreement, or Binding Financial Agreement in Sydney, and later get divorced, the terms of the prenup will generally dictate how your assets and liabilities are divided. The court will review the prenup to ensure it’s valid, meaning it was; in writing, signed by both parties, each party received independent legal …
What Happens If You Sign a Prenup and Get Divorced? Read More »
