- The relevant provisions of the Family Law Act must be understood.
- The potential consequences of failing to make full and frank disclosure of financial position are significant.
- Legal advice must be obtained.
- The provisions of the Family Law Act must be complied with to ensure enforceability of the Financial Agreement.
- The options available for the recording storage and retention of the Financial Agreement should be considered.
- The Financial Agreements should carefully record what is agreed.
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Best Practice For Preparing Financial Agreements (pre Nups).
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Disclaimer: The information contained in this blog is for informational purposes only and is not legal advice. Nothing in this blog should be deemed to create or constitute a solicitor-client relationship between any readers and Swan Family Lawyers. A solicitor-client relationship is created only when this firm agrees to represent someone and a written engagement agreement or engagement letter is signed by both the client and solicitor. In all cases, the reader should consult his or her own solicitor for advice. The information in this blog is based on Australian law.