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What you need to know about financial agreements

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What you need to know about financial agreements
What is a financial agreement and is it right for you? These are two important questions regarding financial agreements. To answer the first question, a financial agreement is a contract between two parties about how a property, financial resources and superannuation should be shared between two parties after a relationship has been terminated. It can also deal with spousal maintenance and maintenance for a child for both married parties or de facto parties where separation occurs. This type of agreement is also known as a binding financial agreement.

To learn if a financial agreement is right for you, what property to include in the agreement, banking requirements, settlement, and if it can include parenting matters. Check out our full article by going here or download the infographic
 
 
 
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