Binding Financial Agreements (‘BFA’), popularised as pre-nuptial agreements in America are often touted as “romance killers”, and there have been many examples before the Family Court which support this view.
Most people know someone who has been affected by a family breakup. It is usually a very stressful and emotional time where people are anxious about the divorce, the property settlement and the emotional wellbeing and care arrangements for children.
If you don’t have a Will your assets will be divided according to how the law dictates in the rules of intestacy, that is, when you have not made a Will. If you die intestate it is very likely that your estate will not be distributed as you would have desired.
We are pleased to announce that on 1 January 2016, Gye Associates Lawyers became part of Cappello Rowe Lawyers. Tony Gye brings over 40 years’ experience to Cappello Rowe and, along with his team, specialises in commercial litigation and transactions, property law, wills and estates, and intellectual property.
There are many names for Binding Financial Agreements or BFA’s, including;
Pre-nuptial Agreements (commonly known as pre-nups),
Post-nuptial Agreements (post-nups); and
They are known by the courts as Binding Financial Agreements. There