By spending a few minutes on this web
site you will see there are definite benefits to making your own rules
about the financial aspects of your relationship. You can successfully
use a (prenup / prenuptial, postnup, separation, divorce) financial agreement to;
Avoid potentially divisive issues that could arise if you ever separate.
Specify ground rules for buying and owning property.
Coordinate and support your estate plans, to be sure that family property passes as you wish.
Avoids costly litigation following a relationship breakdown.
the main effect of the agreements is to prevent either party making an
application to the Family Court for the division of assets in a
property settlement. The aim of introducing Financial Agreements is to encourage all couples to agree about how to divide their property in the event of, or following, separation.
A Financial Agreement (prenup / prenuptial, postnup, separation, divorce)
allows the you to stipulate in a writing what would be an equitable
distribution of your assets and financial resources when your
relationship is friendly and harmonious. Making a FA when you are
planning to live happily ever after makes good sense, because it
generally leads to and agreement that both parties find fair and
reasonable. Niggling doubts about "what would happen if?" Can be set
aside by providing a certainty of outcome that can reduce stress and
actually strengthen your relationship.