Financial Separation Agreements and Why You Wouldn’t Do One

Those free, downloadable online ‘Separation Agreements’ or templates claiming to be ‘Binding Financial Separation Agreements’ should be avoided. Those documents, which might be called a’ Separation Agreement’ or ‘Deed of Separation’, do not comply with the requirements under the Family Law Act 1975 (Cth), which is the relevant law that applies to largely all separated couples in Australia (excluding […]

Why should we formalise our financial agreement?

There are three primary (financial) reasons why you should formalise the agreement that you reach with your partner about finances, and do so properly, in a legal way. If you’re transferring a house or a car to your partner or vice versa, then stamp duty will not be payable on the transfer. This could save […]