Protect your financial future at a affordable, transparent cost with a
Fixed Fee Binding Financial Agreement VIC
Times have changed and so have the laws around relationships.
With defacto relationships being recognised in the Family Law Courts, the rules relating to relationships, marriage, and partnerships and the subsequent division of property when these relationships break down, have resulted in many incidents of people losing more than they had ever anticipated.
Unfortunately, this can and usually does result in costly and lengthy family court battles over who is entitled to what.
Binding Financial Agreements can help protect your hard-earned assets from the outset.
Having a Binding Financial Agreement drawn up by an experienced Law firm ensures the agreement will be compliant with the Family Court Act 1975.
A correctly prepared BFA provides:
- You with peace of mind.
- You and your partner with a clear understanding of what is expected in the unfortunate situation your relationship breaks down at some point in the future.
- And most importantly, it protects your assets and your financial future.
However, the cost of getting a Binding Financial Agreement is often a sticking point for many people.
Stereotypically, BFAs are expensive, ranging anywhere from $4000 to $6000 or more.
To make matters worse, most law firms won’t commit to a cost upfront, making people even more uncertain about getting one so they don’t get hit with an unexpectedly large bill.
We’ve solved all this with our fixed-fee Binding Financial Agreements.
You know exactly what you will be paying and what to expect.
Our BFAs are legally valid in Victoria and across Australia and cost just $2750.
If you feel the need to protect yourself and your assets, then talk to one of our friendly team members by clicking the button below:
How Our VIC Binding Financial Agreement Lawyers Can Help You
At my law firm, we offer a range of services related to binding financial agreements to suit your needs, including:
Drafting Financial Binding Agreements
We ensure your BFA is properly drafted to meet the legal standards set by the Family Law Act. Our team works closely with you to address your financial resources, assets, and support obligations, ensuring your agreement is tailored to your circumstances.
Independent Legal Advice
Before signing a BFA, both parties must receive independent legal advice. Our experienced family lawyers provide clear and thorough advice, ensuring you fully understand the implications of the agreement and its enforceability.
Property and Financial Settlements
Whether it’s dividing property in a marriage or settling financial arrangements in a de facto relationship, we guide you through the process to reach a fair and equitable outcome.
Prenuptial Agreements
Planning ahead with prenuptial agreements can save significant time and stress in the future. We help couples draft and finalise a prenuptial agreement to protect their financial interests before marriage.
Postnuptial Agreements
If you wish to create or update a financial agreement after marriage, postnuptial agreements can provide clarity and protect your assets. These agreements help couples address financial arrangements, property division, and financial support in the event of a separation, ensuring both parties’ interests are safeguarded.
Reviewing and Updating BFAs
Circumstances change over time. We assist with reviewing and updating existing BFAs to ensure they remain relevant and enforceable.
Resolving Disputes and Terminating Agreements
If disputes arise or the agreement needs to be terminated, our lawyers ensure all incidental issues are addressed and resolved efficiently.
Ensuring Enforceability
Our legal practitioners ensure your agreement complies with all legal requirements, including properly signed statements, to withstand scrutiny in court if challenged.
How It Works
Contact us
Make an enquiry using our contact form or give one of our friendly team members a call.
Tell us about you
We will send you a questionnaire to complete and return at your convenience.
Agreement is drafted
Our lawyers will prepare and review your BFA, taking all information into consideration.
Certification
The my law firm solicitors will issue a letter of advice & compliant certificates to be signed.
Why Choose my law firm For Your Binding Financial Agreement?
Save time with our easy process
Clear, upfront pricing with a fixed fee
Full solicitor support from my law firm
Save money compared to traditional law firms
Get peace of mind that your assets are safe
Your document is legally valid across Australia
Who's Behind my law firm
Maurice Oteri
Maurice Oteri established my law firm in 2013 on a simple philosophy; offer legal services in a simple and affordable way for everyone to access.
What does that mean exactly?
First of all you should have no hesitation contacting my law firm on any issue or service request you may have, we are completely friendly and approachable, and above everything else – here to help you.
Secondly, the time charge clock does not start ticking until we have had the opportunity to scope out your requirements, and wherever possible more often than not, offer a fixed fee for that service. You should never be surprised (other than pleasantly) about any bill you get from my law firm.
Finally, your satisfaction is paramount to our success and yours, we speak (and write) to you in the same language, no fancy legal jargon to justify our less than market rate fees, communication of the end result that you will be more than happy with is our goal.
Maurice comes from an Italian background where there is the saying ‘Casa mia… Casa tua’ meaning my home is your home, a statement of unconditional trust and hospitality, that is why my law firm is your law firm, make yourself at home, we are here for you.
Our BFAs Are Legally Valid In Victoria!
We can help with BFAs in all areas of Victoria including:
- Melbourne
- Geelong
- Ballarat
- Bendigo
- Mildura
- Shepparton
- Traralgon
- Warrnambool
- Wangaratta
- Wodonga
What Our Clients Have to Say
“I was referred by a family member who spoke highly of Maurice of my law firm, it turns out they didn’t speak highly enough of you!
Your practical approach to problems without looking to gouge the client for fees is the biggest thing that first struck me as different. You are solution driven and always work hard for your client to get the best possible outcome in the quickest possible time – realising that nobody wants to be involved in complicated and time consuming legal battles that eat away at your pocket and your head space.
I have already referred over 10 people to Maurice and will definitely continue to do so.”
Darin Jinks
“Maurice has been assisting our business and many of our clients for a number of years. In the past, we’ve dealt with a number of lawyers but no one comes close to Maurice and his firm in terms of their approach, honesty, experience and exceptional service. He has always gone the extra mile and has been very helpful to our business and clients. I thank you for your service and support and I would not hesitate to recommend him to anyone looking for an exceptional commercial lawyer. HIGHLY RECOMMEND!!”
Durgesh Joshi
“Through mutual business connections we engaged Maurice to provide legal services in the commercial & strata departments of our business – we have never looked back. Services have always been professional, sound and effective – what more could you ask for! my law firm has become part of our TEAM and enables us to provide our clients with the best in the business. We would not hesitate to recommend Maurice.”
Nina Cortes
Frequently Asked Questions About Binding Financial Agreements In Victoria
What is a binding financial agreement in Victoria?
A binding financial agreement is a document under the Family Law Act that allows couples to outline how their financial matters, including property and assets, will be handled during or after their relationship.
Do I need independent legal advice for a BFA?
Yes, it is mandatory for both parties to have received independent legal advice from a family lawyer to ensure the agreement is legally binding and enforceable.
Can BFAs be used in de facto relationships?
Yes, BFAs are applicable to both marriages and de facto relationships, providing a framework for financial arrangements and property settlement.
What happens if one party hides assets?
BFAs require full disclosure of financial resources. If a party conceals assets, the agreement could be deemed unenforceable.
How do BFAs differ from consent orders?
Unlike consent orders, BFAs are private agreements between parties that do not require court approval. They offer greater flexibility in tailoring terms to suit specific needs, making them a preferred option for many individuals in Victoria.
Are prenuptial agreements the same as BFAs?
Prenuptial agreements are a type of binding financial agreement made before marriage, outlining asset division in the event of separation. BFAs also cover other kinds of property agreement such as postnuptial agreements.
What are the requirements for a BFA?
To be enforceable, a BFA must meet strict criteria such as full financial disclosure, independent legal advice, and proper execution under the Family Law Act.
What makes a BFA legally enforceable?
A BFA is legally enforceable when it complies with the Family Law Act’s strict requirements. This includes full financial disclosure, independent legal advice for both parties, and proper execution with signed statements from each party.
Can BFAs be contested?
Yes, BFAs can be contested and set aside if there is evidence of fraud, undue influence, or failure to meet legal requirements.
How does a BFA impact property settlements?
BFAs provide clarity and certainty in property settlements, preventing disputes and the need for court intervention.
Can BFAs address financial support?
Yes, BFAs can include provisions for financial support to ensure both parties’ needs are addressed.
Get Your Binding Financial Agreement (Prenuptial Agreement) Sorted Now!
Simply fill out the form below to speak to our team regarding your BFA!