Binding Financial Agreement (Bfa) Sample Contracts
Agreement (BFA)Binding Financial Agreement (Bfa) • September 27th, 2018
Is a prenup legally binding in australiaBinding Financial Agreement (Bfa) • April 12th, 2025
When entering into a new relationship in Australia, thinking about the potential outcomes if it doesn't work out can be tough. However, from the moment two people start living together, their finances become intertwined, making a Binding Financial Agreement (previously known as a prenup) something worth considering. Even if you keep your finances separate or bring different amounts into the relationship, a property dispute at its end is still possible. This is where binding financial agreements come in handy - they're a legally recognized way for couples to safeguard their financial futures and agree on what happens to their assets if things don't work out. A Binding Financial Agreement (BFA) is a legally binding document outlining the financial arrangements between two people in a relationship. To create a BFA, each person needs separate legal representation to ensure they've received independent advice about the agreement's effects and its pros and cons. A BFA can be made before, dur