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Financial Agreements and Family Law

Posted on October 07, 2016

“Robyn and I have been together for 3 years… she does not have any children and I have two kids from my previous marriage.  Robyn moved to Melbourne 2 years ago and we have been living together on a full-time basis for over a year now.  It’s a possibility that we will get married, but I don’t want any more kids and she understands that.  I am semi-retired, I am involved in consultancy work for various companies and I have my own property investments.  Robyn does not work anymore.  I’m hopeful that our relationship will last but I think I might need some protection to ensure I keep what I have worked for my whole life, but it just seems to hard and it’s not a priority for me at the moment.”

Does this sound familiar to you or someone you know?

With a higher rate of divorce, second relationships/marriages and blended families, it can quickly become overwhelming to consider how your accumulated wealth could be impacted due to a new de facto relationship, a marriage or separation. 

Many people make the assumption that there is only one type of financial agreement, more commonly known as a “pre-nup”.  What people don’t know is there are agreements for when you enter a de facto relationship, during a relationship, once you are married and post-separation.  These agreements, prepared accurately, provide peace of mind that the parties’ assets will be protected and/or divided in accordance with their intentions in the event of a separation.    

At Scanlan Carroll, we bring a commercial approach to our family law matters which brings substantial benefit to each of our clients.  With our commercial edge and our understanding of complex corporate structures, we can assist you in preparing an agreement that is clear, concise and effective in protecting the assets that you have accumulated throughout your lifetime in the event of a separation or death of one party.

If you seek the peace of mind and reassurance that your assets will be protected and that your matter is in safe and capable hands, please contact Brooke Jolly at Scanlan Carroll Lawyers.

This bulletin is provided for general information purposes only, and should not be relied upon as a substitute for legal advice.

The information in this bulletin is current as at the date of publication.