Description

Binding Financial Agreement Assist

Have you reached an agreement about how your assets and liabilities will be split in the event of separation?

Our Binding Financial Agreement (BFA) service is the least expensive way to formally document your agreement.

Commonly asked questions about BFAs: 

Can I rely on a BFA?

Yes, if it is certified by 2 independent lawyers, it becomes ‘binding’ in the Courts.

How long does the process take?

Usually around 3 to 4 weeks.

Can a BFA be challenged afterwards?

Technically yes, but it is difficult and expensive to challenge a BFA once it is certified.

What are the most common circumstances where a BFA can be challenged?

• Non-disclosure of assets and liabilities.
• The BFA is unfair on the welfare of the children of the relationship.
• The agreement is not fair and equitable. The duty of the certifying lawyers is to make sure the agreement is fair and equitable. Otherwise, they will not certify it.

Can I use my own document? Will it save some money?

That is OK. We will use your document and extract the facts and details, but we, and our panel of law firms, want to use our  tried-and-tested agreement that they use. We will offer a $100 discount if you have your own document to start with.

However, the BFA Assist does not include legal advice and certification to make the agreement ‘Binding’ and enforceable in the Family Court—we assume you have your own lawyers. If you do not have a lawyer yet and prefer getting the complete BFA package, then you may want to consider our Binding Financial Agreement Plus.

Before you order, CALL our FREE Helpline at 1300 728 200 to discuss your situation. 

HOW DOES IT WORK?

1. ORDER: Select your State then click “Add to Cart,” verify your order then click “Proceed to Checkout.” Choose your preferred payment option—direct by credit/debit card, thru Xero Invoice, or a pay-later option thru AfterPay.
2. CONFIRM: Check your inbox for the confirmation email and follow the instructions to download the information leaflet and questionnaire.
3. UNDERSTAND: Complete the questionnaire and return it to AussieLegal via email.
4. DRAFTING: AussieLegal will prepare your agreement in consultation with you and send the first draft via email for review.
5. REVIEW: Thoroughly review the draft of your separation agreement—AussieLegal will make further changes as required.
6. CONSULT: Once you are happy with your agreement, we will send the final copy for you to provide to your respective lawyers.

Should you decide to change your lawyers, you may want to consider upgrading to our Binding Financial Agreement Plus. Our BFA Plus will give you and your partner/spouse access to legal advice and certification from two (2) independent family law lawyers—one (1) for each party. Thus, ensuring your BFA is compliant with the Family Law Act 1975 and Family Court Act 1997 (WA de facto).

Call our FREE Helpline at 1300 728 200 for a quick NO OBLIGATION discussion. You can also email us at enquiries@aussielegal.com.au to schedule a call at your convenience.