Binding Financial Agreements - Tasmania Legal Aid

this video is about binding Financial agreements which detail how property or financial resources will be dealt with in the event of a future breakdown sorting through financial and property details with an X can be hard a lot of separating couples need skilled help by someone outside a binding Financial agreement may be something that you and your partner consider making you can make a binding Financial agreement at any time before during or after a relationship has ended the agreement May cover who gets what when it comes to the property you have individually and as a couple whether one of you should receive ongoing support from the other and how your superannuation may be divided to be binding or legally enforceable a financial agreement must be signed by both you and your partner must have a statement that prior to signing each of you received independent legal advice and a certificate signed by the legal practitioner who gave that advice in addition there must be evidence that the agreement has not been terminated and has not been set aside by a court if after separation you and your ex don't have a binding Financial agreement but can agree on how your joint assets and ongoing finances should be handled you can apply to the court for consent orders this will require both you and your ex partner completing an application form by providing financial information and a written agreement as to how you will divide your assets and debts the court will accept the settlement you have reached and make orders to reflect that agreement provided that it is fair you can get free legal information about binding Financial agreements by calling Tasmania legal aid Monday to Friday on 1300 366 611