It is important to get legal advice as soon as possible following a separation to reach an agreement within certain time constraints.

In a nutshell, a binding financial agreements is a private contract between two people, including same-sex partners that formalises how a couple’s property, assets, superannuation and liabilities will be divided in the event of a breakdown of a marriage or a de facto relationship.

When a couple separate, it needs to be resolved who takes what. Each party to the relationship contributed in different ways; whether that was through managing household duties, a high earning job, or looking after children. At the end of the relationship these contributions (and many other factors including the future needs of the parties) are examined to determine how to split up the couple’s assets.

Strict time limits apply to making a property division after a separation. Generally the time limits are one year following a divorce or two years following separation for de facto couples.

What We Can Do For You

At Woodlands, we guide you and your partner to reach binding financial agreements as quickly and peacefully as possible.

​We provide our services at a competitive fee and can organise a meeting within a short time frame.

Send us an email or call us to see how we can help you based on your individual requirements.

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